16 Galway DriveHazletNJ07730
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hazlet at 16 Galway Drive, Hazlet, NJ, 07730 offers $5,165/mo rent that, after a $3,915/mo payment. Total monthly income is $5,165/mo. Return on cash invested measures 17.61% in year one, and rental yield stands at 7.75% at a $799,900 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $220,998 by year five. Five-year ROI records 91.75% and total cumulative return in cash reaches $241,452. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,165/mo property income versus a $3,915/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.28 Acres 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: John C Natale Jr • Natale Realtors
Mls Name: MoreMLS
Mls ID: #22537484