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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 389 Aldrich Road, Howell, NJ, 07731 listed at $815,000 pairs $5,356/mo rent with a $3,989/mo payment. Total monthly income runs $5,356/mo. Return on cash invested measures 18.03% in year one, and rental yield registers 7.89% at a $815,000 basis. Equity gained on principal adds $5,259/yr, and annual property appreciation at 5% supports $225,169 by year five. Five-year ROI tracks 93.97% and total cumulative return in cash totals $251,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,356/mo property income relative to a $3,989/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.34 Acres 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: Larissa Colangelo • RE/MAX Realty 9
Mls Name: MOMLS
Mls ID: #22521533
