8 Snow Chief CtHowellNJ07731
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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
Rental property for sale in Howell at 8 Snow Chief Ct, Howell, NJ, 07731 offers $1,782/mo rent that, after a $1,297/mo payment. Total monthly income is $1,782/mo. Return on cash invested measures 17.08% in year one, and rental yield stands at 8.07% at a $264,999 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,214 by year five. Five-year ROI records 89.46% and total cumulative return in cash reaches $78,591. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,782/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
$100 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
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Listed by: Robert Dekanski • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2516070R
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