54 Porter RoadHowellNJ07731
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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 54 Porter Road, Howell, NJ, 07731 generates $3,875/mo in rent, after a $6,338/mo payment. Total monthly income is $3,875/mo. Return on cash invested sits at 5.05% in year one, and rental yield is 3.59% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 24.34% and total cumulative return in cash sums $102,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,875/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
6.86 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: Vivian F Drozd • Liberty Realty, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22422215
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.