9 Shorehaven RoadHazletNJ07730
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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 9 Shorehaven Road, Hazlet, NJ, 07730 priced at $189,500 converts $1,431/mo rent into after a $928/mo obligation. Total monthly income equals $1,431/mo. Return on cash invested prints 2.9% in year one, and rental yield reads 9.06% against a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation compiles into $52,355 by year five. Five-year ROI reaches 19.62% and total cumulative return in cash sums $12,323. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,431/mo property income covering a $928/mo payment, not borrower’s personal income.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
$970 monthly 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: Toni Ann Callari • C21 Thomson & Co.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508951
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.