3 Colorado DriveHazletNJ07730
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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 at 3 Colorado Drive, Hazlet, NJ, 07730 earns $178/mo cash flow from $4,382/mo rent with a $2,887/mo payment. Total monthly income totals $4,382/mo, and annual cash flow totals $2,131/yr on $194,077 capital. ROI tracks 21.16% on current figures, and rental yield reads 8.91% at a $589,900 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 over five years. Five-year ROI reaches 110.74% and total cumulative return in cash sums $214,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,382/mo property income instead of your personal income.
Single Family
Built in N/A
0.26 Acres 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: Aaron Tishler • Tishler Realty Group LLC
Mls Name: MOMLS
Mls ID: #22520824