3 Briscoe TerraceHazletNJ07730
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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 3 Briscoe Terrace, Hazlet, NJ, 07730 generates $5,095/mo in rent and, after a $3,304/mo payment, leaves $284/mo in cash flow. Total monthly income is $5,095/mo, and annual cash flow is $3,402/yr on $222,075 invested. Return on cash invested sits at 21.59% in year one, and rental yield is 9.06% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 113.08% and total cumulative return in cash sums $251,127. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,095/mo property income rather than buyer’s personal income.
Single Family
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: Anthony Dinello • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22523597
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.