16 Rustic DriveHowellNJ07731
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Howell at 16 Rustic Drive, Howell, NJ, 07731 earns $418/mo cash flow from $3,262/mo rent with a $1,953/mo payment. Total monthly income totals $3,262/mo, and annual cash flow totals $5,015/yr on $132,269 capital. ROI tracks 23.7% on current figures, and rental yield reads 9.81% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash sums $164,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,262/mo property income instead of your personal income.
Single Family
Built in 1952
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07731, Howell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,813 (100%) |
| Owner Occupied HU | 11,773 (85.2%) |
| Renter Occupied HU | 1,630 (11.8%) |
| Vacant Housing Units | 410 ( 3.0%) |
| Median Home Value | $526,294 |
| Average Home Value | $579,372 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
13,462
Multi-Family
210
Businesses
875
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Listed by: Antonette Daddio • RE/MAX Realty 9
Mls Name: MoreMLS
Mls ID: #22601189