60 Ruffian WayHowellNJ07731
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 60 Ruffian Way, Howell, NJ, 07731 uses $50,388 cash to close to unlock $27,558/yr annual cash flow and $2,297/mo monthly cash flow. Total monthly income runs $4,080/mo, and a $744/mo payment keeps the spread at $2,297/mo. Purchase price stands at $152,000, and rental yield measures 32.21% with $4,080/mo rent. Return on cash invested shows 74.6% in year one, and 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 403.47% and total cumulative return in cash records $203,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,080/mo property income covering a $744/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
$700 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Antonette Daddio • RE/MAX Realty 9
Mls Name: MOMLS
Mls Provider:
Mls ID: #22431882
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.