7 Cherry Bend Drive, Howell, NJ, 07731 | $408/mo Cash Flow

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7 Cherry Bend Drive, Howell, NJ, 07731 | $408/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 Cherry Bend Drive, Howell, NJ, 07731 offers a 9.28% rental yield on a $675,000 purchase with $5,219/mo rent. Total monthly income registers $5,219/mo, and a $3,304/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,890/yr on $222,075 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 116.68% and total cumulative return in cash at $259,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,219/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 7 Cherry Bend Drive, a spacious five-bedroom, three-bath home in the desirable Salem Hill section of Howell. This nearly 2,000 sq ft property features a well-designed layout with a bright living room, dining room, and kitchen perfect for gatherings. Sliding glass doors from the dining room lead to a large backyard, ideal for entertaining or relaxing. An above-ground pool adds to the outdoor appeal, while the generous yard provides space for play and gardening. All five bedrooms are well-sized, offering flexibility for guests, home offices, or a growing household. Located on a tree-lined block close to schools, parks, shopping, and major roadways, this home combines comfort, convenience, and lifestyle in one of Howell's most sought-after neighborhoods.

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