6 Ridge 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 6 Ridge Drive, Hazlet, NJ, 07730 at $679,900 posts ROI 18.53% with from $4,561/mo rent. Total monthly income equals $4,561/mo. Return on cash invested measures 18.53% and rental yield reads 8.05% at the current $679,900. Equity gained on principal adds $4,387/yr, and 5% annual appreciation supports $187,844 by year five. Five-year ROI prints 96.66% and total cumulative return in cash totals $216,209. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,561/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.28 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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Nearby investment properties with comparable prices
Listed by: Vincent Aquilino • Imperial Realty Properties
Mls Name: MoreMLS
Mls ID: #22532687