118 Village Green WayHazletNJ07730
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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
Investment property for sale in Hazlet at 118 Village Green Way, Hazlet, NJ, 07730 uses $120,997 cash to close to unlock $1,882/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $3,214/mo, and a $1,786/mo payment keeps the spread at $157/mo. Purchase price stands at $364,999, and rental yield measures 10.57% with $3,214/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $100,842 over five years. Five-year ROI reaches 114.04% and total cumulative return in cash records $137,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,214/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 1981
435.60 sqft lot
$N/A/sqft
$456 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07730, Hazlet, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,718 (100%) |
| Owner Occupied HU | 5,623 (83.7%) |
| Renter Occupied HU | 885 (13.2%) |
| Vacant Housing Units | 210 ( 3.1%) |
| Median Home Value | $496,590 |
| Average Home Value | $526,604 |
Housing Distribution
Address Breakdown
Residential
6,409
Single Family
6,269
Multi-Family
140
Businesses
643
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Listed by: Rocco Lobrace • RE/MAX First Realty II
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22528694
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.