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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 62 E 5th Street, Howell, NJ, 07731 with 5% annual appreciation on a $650,000 basis while $5,105/mo rent supports operations. Total monthly income totals $5,105/mo and a $3,181/mo payment preserves $472/mo for cash returns. Annual cash flow comes to $5,668/yr on $213,850 deployed, and return on cash invested reaches 22.71% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,583 alongside rental yield of 9.42%. Five-year ROI measures 119.09% and total cumulative return in cash totals $254,666.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,105/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
6,098 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 |
|---|---|---|
| 2025-09-09 | Sold | $650,000 |
| 2025-08-05 | Pending sale | $677,000 |
| 2025-06-06 | Listed for sale | $677,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $9364.30 | -1.60% | $547,300 | 7.08% |
| 2023-10-17 | $9516.68 | 271.38% | $511,100 | 318.25% |
| 2022-10-17 | $2562.53 | 14.87% | $122,200 | 25.72% |
What's Special
Pull Down Stairs
Listed by: Cynthia Levy • Weichert Realtors-Toms River
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516152
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.
