788 Poole AvenueHazletNJ07730
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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
Rental property for sale in Hazlet at 788 Poole Avenue, Hazlet, NJ, 07730 offers $2,612/mo rent that, after a $2,619/mo payment. Total monthly income is $2,612/mo. Return on cash invested measures 11.87% in year one, and rental yield stands at 5.86% at a $535,000 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,811 by year five. Five-year ROI records 60.94% and total cumulative return in cash reaches $107,260. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,612/mo property income versus a $2,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1933
0.79 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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Listed by: Gerine A Skamarak • EXIT Realty East Coast Shirvanian
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22536415
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.