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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% |
Investment property for sale in Hazlet at 6 Colby Lane, Hazlet, NJ, 07730 listed at $647,000 pairs $4,278/mo rent with a $3,167/mo payment. Total monthly income runs $4,278/mo. Return on cash invested measures 18.18% in year one, and rental yield registers 7.93% at a $647,000 basis. Equity gained on principal adds $4,175/yr, and annual property appreciation at 5% supports $178,754 by year five. Five-year ROI tracks 94.79% and total cumulative return in cash totals $201,764. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,278/mo property income relative to a $3,167/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,969 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 |
|---|---|---|
| 2024-10-17 | Listed for sale | $647,000 |
| 2015-09-01 | Sold | $302,500 |
| 2015-06-16 | Sold | $302,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $10078.10 | 3.54% | $471,600 | 17.55% |
| 2022-10-17 | $9733.11 | 4.59% | $401,200 | 10.58% |
| 2021-10-17 | $9305.82 | 4.84% | $362,800 | 2.40% |
Listed by: Bernadette G Barnett • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22429977
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.
