6 Stork Ln #1000HowellNJ07731
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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
Investment property for sale in Howell at 6 Stork Ln #1000, Howell, NJ, 07731 earns $299/mo cash flow from $3,271/mo rent with a $2,041/mo payment. Total monthly income totals $3,271/mo, and annual cash flow totals $3,587/yr on $138,202 capital. ROI tracks 22.5% on current figures, and rental yield reads 9.42% at a $416,900 purchase. Equity gained on principal adds $2,690/yr, and 5% annual appreciation supports $115,182 over five years. Five-year ROI reaches 117.99% and total cumulative return in cash sums $163,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,271/mo property income instead of your personal income.
Condo
Built in 1978
N/A 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: N/A • N/A
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