Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 24 Monterey Drive, Hazlet, NJ, 07730 at $499,000 posts ROI 25.19% with $728/mo cash flow from $4,284/mo rent. Total monthly income equals $4,284/mo, and annual cash flow records $8,731/yr on $165,419 to close. Return on cash invested measures 25.19% and rental yield reads 10.3% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 132.38% and total cumulative return in cash totals $218,982.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,284/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
7,000 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 |
|---|---|---|
| 2024-09-14 | Price change | $499,000 |
| 2024-08-24 | Listed for sale | $539,000 |
| 2024-07-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $7864.16 | 4.57% | $368,000 | 18.71% |
| 2022-10-17 | $7520.60 | 3.97% | $310,000 | 9.93% |
| 2021-10-17 | $7233.30 | 3.09% | $282,000 | 2.40% |
Listed by: Eileen Imperato • RE/MAX Imperial
Mls Name: MOMLS
Mls Provider:
Mls ID: #22414503
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.
