27 Spruce Hollow 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 27 Spruce Hollow Drive, Howell, NJ, 07731 priced at $787,000 pairs $5,270/mo rent with after a $3,852/mo payment. Total monthly income equals $5,270/mo. Return on cash invested is 18.43% in year one, and rental yield stands at 8.04% on a $787,000 basis. Equity gained on principal adds $5,078/yr, and 5% annual appreciation accumulates to $217,434 by year five. Five-year ROI measures 96.12% and total cumulative return in cash reaches $248,874. For financing, Ziffy Mortgage’s DSCR program evaluates $5,270/mo property income against a $3,852/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
6,969 sqft lot
$N/A/sqft
$155 annually 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: Dino DeMoro • Keller Williams Realty Central Monmouth
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22526851
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.