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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 74 Briscoe Terrace, Hazlet, NJ, 07730 offers a 8.65% rental yield on a $720,000 purchase with $5,191/mo rent. Total monthly income registers $5,191/mo, and a $3,524/mo payment leaves $59/mo available for distribution. Annual cash flow reaches $708/yr on $236,880 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,923 over five years. Portfolio math shows five-year ROI at 106.46% and total cumulative return in cash at $252,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,191/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
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 |
|---|---|---|
| 2025-07-31 | Sold | $720,000 |
| 2025-06-13 | Pending sale | $694,999 |
| 2025-06-02 | Listed for sale | $694,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $11726.65 | -0.25% | $575,400 | 4.60% |
| 2023-10-09 | $11755.64 | 6.73% | $550,100 | 21.17% |
| 2022-10-09 | $11014.04 | 2.07% | $454,000 | 7.92% |
Listed by: Stacey Donadio • C21 Thomson & Co.
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516160
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.
