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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 Nevada Drive, Hazlet, NJ, 07730 priced at $777,910 converts $4,511/mo rent into after a $3,807/mo obligation. Total monthly income equals $4,511/mo. Return on cash invested prints 15.22% in year one, and rental yield reads 6.96% against a $777,910 entry. Equity gained on principal adds $5,020/yr, while 5% annual appreciation compiles into $214,922 by year five. Five-year ROI reaches 78.87% and total cumulative return in cash sums $201,860. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,511/mo property income covering a $3,807/mo payment, not borrower’s personal income.
Single Family
Built in 1965
8,712 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-16 | Sold | $777,910 |
| 2025-05-16 | Pending sale | $729,900 |
| 2025-05-08 | Listed for sale | $729,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $9545.99 | 2.01% | $468,400 | 4.18% |
| 2023-10-17 | $9357.96 | 1.01% | $449,600 | 14.64% |
| 2022-10-17 | $9264.77 | 3.24% | $392,200 | 9.07% |
What's Special
Attic,Pull Down Stairs
Listed by: Aleksandr Pritsker • EXP Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22513424
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.
