27 Citation StreetHowellNJ07731
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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
Investment property for sale in Howell at 27 Citation Street, Howell, NJ, 07731 uses $41,438 cash to close to unlock $12,022/yr annual cash flow and $1,002/mo monthly cash flow. Total monthly income runs $2,638/mo, and a $612/mo payment keeps the spread at $1,002/mo. Purchase price stands at $125,000, and rental yield measures 25.32% with $2,638/mo rent. Return on cash invested shows 48.92% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 267.48% and total cumulative return in cash records $110,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,638/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
$745 monthly 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: Phyllis M Mekler • RE/MAX at Barnegat Bay
Mls Name: MOMLS
Mls Provider:
Mls ID: #22430667
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.