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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% |
Investment property for sale in Howell at 38 Cherry Tree Circle, Howell, NJ, 07731 offers a 6.46% rental yield on a $879,000 purchase with $4,733/mo rent. 7% in year one. Equity gained on principal adds $5,672/yr while 5% annual appreciation supports $242,851 over five years. Portfolio math shows five-year ROI at 70.76% and total cumulative return in cash at $204,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,733/mo property income against a $4,302/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
9,583 sqft lot
$N/A/sqft
No 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 |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ailene Naterman • C21/ Solid Gold Realty
Mls Name: MOMLS
Mls ID: #22520317
