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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 22 Borick Avenue, Hazlet, NJ, 07730 offers a 9.41% rental yield on a $365,000 purchase with $2,861/mo rent. Total monthly income registers $2,861/mo, and a $1,786/mo payment leaves $260/mo available for distribution. Annual cash flow reaches $3,118/yr on $120,998 to close, and return on cash invested stands at 22.49% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 117.89% and total cumulative return in cash at $142,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,861/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
6,098 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 |
|---|---|---|
| 2025-01-17 | Price change | $365,000 |
| 2024-09-24 | Price change | $388,000 |
| 2024-05-13 | Price change | $398,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $6541.98 | 1.27% | $321,000 | 6.19% |
| 2023-01-28 | $6460.15 | 10.54% | $302,300 | 25.49% |
| 2022-01-28 | $5844.24 | 5.44% | $240,900 | 11.48% |
Listed by: Domenick Mastrocola • Jersey Property Group Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501558
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.
