7 Cardinal Lane, Howell, NJ, 07731 | $539/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Cardinal Lane, Howell, NJ, 07731 | $539/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Howell at 7 Cardinal Lane, Howell, NJ, 07731 uses $125,639 cash to close to unlock $6,463/yr annual cash flow and $539/mo monthly cash flow. Total monthly income runs $3,240/mo, and a $1,855/mo payment keeps the spread at $539/mo. Purchase price stands at $379,000, and rental yield measures 10.26% with $3,240/mo rent. Return on cash invested shows 25.05% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 131.66% and total cumulative return in cash records $165,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $1,855/mo payment rather than investor’s personal income.

Condo

Built in 1978

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover comfort & convenience in this updated 2-bedrm, 2-bath Townhome located in the serene Windmill Club. Tucked away in a quiet community, Features~Newly painted & new flooring & carpet. Bonus rm upstairs great for game station, Den or office. The layout is both practical & inviting, complete with a 1-car garage & a private deck, perfect for entertaining guests or enjoying a peaceful evening outdoors. Let's not forget one of the few units with a full basement with high ceilings waiting for your imagination. Enjoy access to a range amenities, including pool, clubhouse, & more. situated close to local thru ways, shopping, dining, & just a short drive to shore points the perfect balance of relaxation & accessibility. Don't miss the opportunity to make this Townhome your next home.

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