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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Howell at 17 Cherry Bend Drive, Howell, NJ, 07731 uses $197,071 cash to close to unlock $5,583/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $4,735/mo, and a $2,932/mo payment keeps the spread at $465/mo. Purchase price stands at $599,000, and rental yield measures 9.49% with $4,735/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 120.07% and total cumulative return in cash records $236,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,735/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07731, Howell, NJ area.
| 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 |
Residential
13,672
Single Family
13,462
Multi-Family
210
Businesses
875
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $599,000 |
| 2025-05-07 | Sold | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $8464.32 | 2.72% | $494,700 | 11.72% |
| 2023-07-02 | $8240.50 | 9.23% | $442,800 | 22.97% |
| 2022-07-02 | $7544.10 | -0.19% | $360,100 | 9.39% |
What's Special
Pull Down Stairs
Listed by: Viviana Mejia • Keller Williams Realty East Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22519491
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
