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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% |
Rental property for sale in Howell at 53 Sweet Gum Road, Howell, NJ, 07731 generates $4,496/mo in rent, after a $4,062/mo payment. Total monthly income is $4,496/mo. Return on cash invested sits at 13.82% in year one, and rental yield is 6.5% on a $830,000 entry. Equity gained on principal adds $5,356/yr, while 5% annual appreciation builds toward $229,314 over five years. Five-year ROI reaches 71.41% and total cumulative return in cash sums $194,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,496/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
7,840 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: Christine Lundberg • C21/ Action Plus Realty
Mls Name: MoreMLS
Mls ID: #22536391
