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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hazlet at 16 Dutch Lane, Hazlet, NJ, 07730 offers $3,844/mo rent that, after a $2,031/mo payment, leaves $646/mo cash flow. Total monthly income is $3,844/mo, and annual cash flow is $7,754/yr on $137,573 cash. Return on cash invested measures 25.55% in year one, and rental yield stands at 11.12% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 135.09% and total cumulative return in cash reaches $185,841. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,844/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1991
871.20 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood data shown for ZIP Code: 07730, Hazlet, NJ area.
| 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 |
Residential
6,409
Single Family
6,269
Multi-Family
140
Businesses
643
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Listing removed | $399,000 |
| 2024-10-18 | Listed for sale | $399,000 |
| 2021-01-29 | Sold | $282,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $6896.59 | -2.00% | $338,400 | 2.76% |
| 2023-03-31 | $7037.14 | 1.32% | $329,300 | 15.02% |
| 2022-03-31 | $6945.64 | 13.02% | $286,300 | 19.49% |
What's Special
Pull Down Stairs
Listed by: Allison Gregory • Resources Real Estate
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508913
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.
