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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% |
Rental property for sale in Hazlet at 28 Lafayette Drive, Hazlet, NJ, 07730 offers $5,503/mo rent that, after a $3,764/mo payment, leaves $22/mo cash flow. Total monthly income is $5,503/mo, and annual cash flow is $259/yr on $253,001 cash. Return on cash invested measures 20.16% in year one, and rental yield stands at 8.59% at a $769,000 entry. Equity gained on principal adds $4,962/yr while 5% annual appreciation compounds into $212,461 by year five. Five-year ROI records 105.41% and total cumulative return in cash reaches $266,695. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,503/mo property income versus a $3,764/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patricia Kret • EXP Realty
Mls Name: MoreMLS
Mls ID: #22529289
