22 Franklin AvenueHazlet TownshipNJ07734
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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
Investment property for sale in Hazlet Township at 22 Franklin Avenue, Hazlet Township, NJ, 07734 earns $615/mo cash flow from $4,015/mo rent with a $2,335/mo payment. Total monthly income totals $4,015/mo, and annual cash flow totals $7,376/yr on $158,126 capital. ROI tracks 24.57% on current figures, and rental yield reads 10.1% at a $477,000 purchase. Equity gained on principal adds $3,078/yr, and 5% annual appreciation supports $131,786 over five years. Five-year ROI reaches 129.09% and total cumulative return in cash sums $204,131. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,015/mo property income instead of your personal income.
Single Family
Built in 1932
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07734, Keansburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,878 (100%) |
| Owner Occupied HU | 2,984 (50.8%) |
| Renter Occupied HU | 2,227 (37.9%) |
| Vacant Housing Units | 667 (11.3%) |
| Median Home Value | $338,365 |
| Average Home Value | $364,956 |
Housing Distribution
Address Breakdown
Residential
5,106
Single Family
4,641
Multi-Family
465
Businesses
184
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Listed by: Monica Reddin • C21 Thomson & Co.
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516535
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.