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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 Franciscan Way, Hazlet, NJ, 07730 uses $197,367 cash to close to unlock $3,507/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $4,568/mo, and a $2,936/mo payment keeps the spread at $292/mo. Purchase price stands at $599,900, and rental yield measures 9.14% with $4,568/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 114.4% and total cumulative return in cash records $225,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,568/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.29 Acres 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 |
|---|---|---|
| 2024-10-26 | Listed for sale | $599,900 |
| 2022-08-18 | Sold | $302,000 |
| 2021-08-18 | Sold | $302,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $7789.37 | 5.17% | $364,500 | 19.39% |
| 2022-11-11 | $7406.58 | -12.82% | $305,300 | -7.82% |
| 2021-11-11 | $8495.28 | 5.05% | $331,200 | 2.25% |
Listed by: Jennifer S Maddalena • VRI Homes
Mls Name: MOMLS
Mls Provider:
Mls ID: #22430893
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.
