16 Moak Drive, Hazlet, NJ, 07730 | $321/mo Cash Flow

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16 Moak Drive, Hazlet, NJ, 07730 | $321/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hazlet at 16 Moak Drive, Hazlet, NJ, 07730 generates $4,780/mo in rent and, after a $3,062/mo payment, leaves $321/mo in cash flow. Total monthly income is $4,780/mo, and annual cash flow is $3,853/yr on $205,790 invested. Return on cash invested sits at 21.93% in year one, and rental yield is 9.17% on a $625,500 entry. Equity gained on principal adds $4,036/yr, while 5% annual appreciation builds toward $172,814 over five years. Five-year ROI reaches 114.92% and total cumulative return in cash sums $236,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,780/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious Colonial Split in the heart of Hazlet offering 4 bedrooms and 2.5 baths, this home combines comfort, function, and value in a sought-after neighborhood. Recently updated with brand-new siding and newer windows. Inside, you'll find many hardwood floors and a versatile floor plan providing generous living and entertaining spaces, including a large living room, dining area, and an eat-in kitchen ready for your personal touch. Upstairs, four bedrooms provide plenty of room for family or guests, with a primary suite featuring its own private bath. Additional highlights include above-ground oil heat for efficient warmth, a garage, and a spacious yard with endless poss ibilities for outdoor enjoyment. Conveniently located minutes to the Hazlet train station, shopping, dining, major highways, and the Jersey Shore, this home is a fantastic opportunity to settle into Hazlet living at its best!

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