86 Essex AvenueHazlet TownshipNJ07734
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Nearby investment properties with comparable prices
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 Township at 86 Essex Avenue, Hazlet Township, NJ, 07734 priced at $575,000 pairs $4,735/mo rent with $637/mo cash flow after a $2,814/mo payment. Total monthly income equals $4,735/mo, and annual cash flow comes to $7,642/yr on $189,175 invested. Return on cash invested is 24.1% in year one, and rental yield stands at 9.88% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 126.52% and total cumulative return in cash reaches $239,351. For financing, Ziffy Mortgage’s DSCR program evaluates $4,735/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07734, Keansburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,878 (100%) |
| Owner Occupied HU | 2,984 (50.8%) |
| Renter Occupied HU | 2,227 (37.9%) |
| Vacant Housing Units | 667 (11.3%) |
| Median Home Value | $338,365 |
| Average Home Value | $364,956 |
Housing Distribution
Address Breakdown
Residential
5,106
Single Family
4,641
Multi-Family
465
Businesses
184
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Listed by: Arlene Meyer • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22532192