16 Cresci BoulevardHazletNJ07730
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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 16 Cresci Boulevard, Hazlet, NJ, 07730 with 5% annual appreciation on a $699,999 basis while $5,258/mo rent supports operations. Total monthly income totals $5,258/mo and a $3,426/mo payment preserves $269/mo for cash returns. Annual cash flow comes to $3,224/yr on $230,300 deployed, and return on cash invested reaches 21.46% in year one. Equity gained on principal adds $4,517/yr, and five-year appreciation sums $193,397 alongside rental yield of 9.01%. Five-year ROI measures 112.37% and total cumulative return in cash totals $258,795.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,258/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
8,712 sqft lot
$N/A/sqft
No 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: Brooke Omahony • RE/MAX First Class
Mls Name: MOMLS
Mls Provider:
Mls ID: #22519532
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.