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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% |
Investment property for sale in Hazlet at 2 Carlow Way, Hazlet, NJ, 07730 offers a 8.58% rental yield on a $670,000 purchase with $4,789/mo rent. Total monthly income registers $4,789/mo, and a $3,279/mo payment leaves $14/mo available for distribution. Annual cash flow reaches $164/yr on $220,430 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,109 over five years. Portfolio math shows five-year ROI at 105.26% and total cumulative return in cash at $232,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,789/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
7,405 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 |
|---|---|---|
| 2024-07-05 | Price change | $670,000 |
| 2024-05-24 | Listed for sale | $685,000 |
| 2020-05-26 | Sold | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $11385.94 | 5.68% | $532,800 | 19.97% |
| 2022-10-17 | $10773.86 | 0.80% | $444,100 | 6.58% |
| 2021-10-17 | $10688.36 | 16.96% | $416,700 | 14.10% |
What's Special
Attic
Listed by: Luis Sanchez • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22414605
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.
