243 Moses Milch DriveHowellNJ07731
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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
Investment Highlights
Rental property for sale in Howell at 243 Moses Milch Drive, Howell, NJ, 07731 offers $4,193/mo rent that, after a $2,643/mo payment, leaves $344/mo cash flow. Total monthly income is $4,193/mo, and annual cash flow is $4,128/yr on $177,660 cash. Return on cash invested measures 22.38% in year one, and rental yield stands at 9.32% at a $540,000 entry. Equity gained on principal adds $3,485/yr while 5% annual appreciation compounds into $149,192 by year five. Five-year ROI records 117.32% and total cumulative return in cash reaches $208,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,193/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A 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: George Putykewycz • Douglas Elliman of NJ LLC
Mls Name: MOMLS
Mls ID: #22523926