19 Howard St, Carneys Point, NJ, 08069 | $356/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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19 Howard St, Carneys Point, NJ, 08069 | $356/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Carneys Point at 19 Howard St, Carneys Point, NJ, 08069 generates $3,485/mo in rent and, after a $2,149/mo payment, leaves $356/mo in cash flow. Total monthly income is $3,485/mo, and annual cash flow is $4,267/yr on $145,529 invested. Return on cash invested sits at 22.84% in year one, and rental yield is 9.53% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 119.8% and total cumulative return in cash sums $174,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,485/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! Step into this beautiful 4-bedroom, 2.5-bath Colonial featuring an open foyer with a grand staircase and stunning new laminate flooring throughout the first floor. To your right, a formal living room offers a bright and inviting space, while the formal dining room to the left flows seamlessly into the updated kitchen. The kitchen boasts new stainless-steel appliances, a center island with pendant lighting, and a sliding door leading to the backyard. The open layout continues into the spacious family room accented with recessed lightingperfect for relaxing or entertaining. A convenient half bath and laundry room complete the main level. Upstairs, the large primary suite features two separate closets and an ensuite bath with a soaking tub, standalone shower, and double vanity. Three additional spacious bedrooms and a full hall bath provide plenty of room for everyone. Additional updates include new carpet, fresh paint, new light fixtures and new appliances including washer and dryer. Enjoy the two-car garage and a spacious backyardideal for gatherings or play. This home is truly move-in ready. Dont miss your chance to make this your home sweet home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08069, Penns Grove, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,061 (100%)
Owner Occupied HU	3,079 (50.8%)
Renter Occupied HU	2,317 (38.2%)
Vacant Housing Units	665 (11.0%)
Median Home Value	$209,820
Average Home Value	$314,811