28 Seattle Slew 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 28 Seattle Slew Drive, Howell, NJ, 07731 generates $1,170/mo in rent and, after a $714/mo payment, leaves $130/mo in cash flow. Total monthly income is $1,170/mo, and annual cash flow is $1,562/yr on $48,366 invested. Return on cash invested sits at 23.14% in year one, and rental yield is 9.62% on a $145,900 entry. Equity gained on principal adds $941/yr, while 5% annual appreciation builds toward $40,309 over five years. Five-year ROI reaches 121.48% and total cumulative return in cash sums $58,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Manufactured
Built in 1951
0.46 Acres 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: Lucia Palmese • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22527003