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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% |
Rental property for sale in Hazlet at 7 Carriage Road, Hazlet, NJ, 07730 generates $3,697/mo in rent, after a $2,936/mo payment. Total monthly income is $3,697/mo. Return on cash invested sits at 16.54% in year one, and rental yield is 7.4% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 86% and total cumulative return in cash sums $169,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,697/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
8,712 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 |
|---|---|---|
| 2004-05-25 | Sold | $317,000 |
| 1999-12-21 | Sold | $181,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $9870.03 | -0.61% | $484,300 | 4.22% |
| 2023-06-25 | $9930.64 | 3.45% | $464,700 | 17.44% |
| 2022-06-25 | $9599.68 | 4.31% | $395,700 | 10.28% |
Listed by: Lynn Schaller • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518625
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.
