2 Hazlet AvenueHazletNJ07730
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 2 Hazlet Avenue, Hazlet, NJ, 07730 priced at $539,900 converts $3,889/mo rent into $40/mo cash flow after a $2,643/mo obligation. Total monthly income equals $3,889/mo, and annual cash flow totals $483/yr on $177,627 invested. Return on cash invested prints 20.33% in year one, and rental yield reads 8.64% against a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation compiles into $149,164 by year five. Five-year ROI reaches 106.34% and total cumulative return in cash sums $188,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,889/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 1959
8,276 sqft 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: Valerie Hannafey • Diane Turton, Realtors-Sea Girt
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515059
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.