Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hazlet at 18 Lake Avenue, Hazlet, NJ, 07730 uses $189,175 cash to close to unlock $5,710/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $4,574/mo, and a $2,814/mo payment keeps the spread at $476/mo. Purchase price stands at $575,000, and rental yield measures 9.55% with $4,574/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 121.04% and total cumulative return in cash records $228,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,574/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1963
6,969 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 |
|---|---|---|
| 1999-05-13 | Sold | $178,500 |
| 1995-05-04 | Sold | $161,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $10856.43 | -0.89% | $532,700 | 3.92% |
| 2023-05-08 | $10954.27 | 3.26% | $512,600 | 17.22% |
| 2022-05-08 | $10608.90 | 4.63% | $437,300 | 10.62% |
Listed by: Christine Manna • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22513224
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.
