97 Briscoe Ter E, Hazlet, NJ, 07730 | 5.12% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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97 Briscoe Ter E, Hazlet, NJ, 07730 | 5.12% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hazlet at 97 Briscoe Ter E, Hazlet, NJ, 07730 priced at $899,990 converts $3,840/mo rent into after a $4,405/mo obligation. Total monthly income equals $3,840/mo. Return on cash invested prints 9.62% in year one, and rental yield reads 5.12% against a $899,990 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation compiles into $248,651 by year five. Five-year ROI reaches 48.91% and total cumulative return in cash sums $144,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,840/mo property income covering a $4,405/mo payment, not borrower’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

The Hampshire by D.R. Horton is a stunning new construction home plan featuring 3,230+ square feet of living space, 4 bedrooms, 3 bathrooms, a large loft area and a 2-car garage. The Hampshire is popular for a reason! As youre welcomed into the home, youre greeted by the spacious formal dining room, the perfect space to entertain your guests on those special occasions. The foyer opens up to a much desired, open concept living space highlighted by a roomy kitchen with plenty of counter space and a large, modern island overlooking the casual dining area and living room. Tucked off the living room is a downstairs bedroom and full bath the perfect guest suite or home office. Upstairs youll find a large loft area, upstairs laundry and three additional bedrooms, including the owners suite, which highlights a cozy sitting area, huge walk-in closet and a luxurious bathroom.

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