22 Shorehaven ParkHazletNJ07730
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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
Rental property for sale in Hazlet at 22 Shorehaven Park, Hazlet, NJ, 07730 priced at $149,000 converts $1,155/mo rent into $93/mo cash flow after a $729/mo obligation. Total monthly income equals $1,155/mo, and annual cash flow totals $1,119/yr on $49,394 invested. Return on cash invested prints 22.17% in year one, and rental yield reads 9.3% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 116.28% and total cumulative return in cash sums $57,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,155/mo property income covering a $729/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
N/A 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: Nicholas Smutz • VRI Homes
Mls Name: MoreMLS
Mls ID: #22537464