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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% |
Rental property for sale in Howell at 19 Partridge Lane, Howell, NJ, 07731 priced at $585,000 converts $4,166/mo rent into after a $2,863/mo obligation. Total monthly income equals $4,166/mo. Return on cash invested prints 19.8% in year one, and rental yield reads 8.55% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 103.57% and total cumulative return in cash sums $199,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,166/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1992
8,276 sqft lot
$N/A/sqft
$38 monthly 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $8334.28 | -1.90% | $487,100 | 6.59% |
| 2023-04-27 | $8495.63 | 2.80% | $457,000 | 15.46% |
| 2022-04-27 | $8264.30 | 7.37% | $395,800 | 17.66% |
What's Special
Attic
Listed by: Annmarie Scottson • Real Broker, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511885
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.
