100 John T O Leary Blvd UNIT 322, South amboy, NJ, 08879 | 8.55% Rental Yield

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100 John T O Leary Blvd UNIT 322, South amboy, NJ, 08879 | 8.55% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in South amboy at 100 John T O Leary Blvd UNIT 322, South amboy, NJ, 08879 earns from $2,130/mo rent with a $1,463/mo payment. Total monthly income totals $2,130/mo. ROI tracks 19.9% on current figures, and rental yield reads 8.55% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 104.07% and total cumulative return in cash sums $103,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,130/mo property income instead of your personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to Shore Gate Village - a meticulously maintained 55+ community. This 3rd floor condo in a beautiful Hi-Rise on the Raritan Bay waterfront offers the perfect blend of comfort & modern living. With 2 spacious bedrooms, 1.5 baths, and in unit laundry, this home is designed for easy living. The kitchen features granite countertops, tiled backsplash, stainless steel appliances and a breakfast bar. Flowing through the bright and airy living room you have a private balcony, a perfect spot to unwind & take in the views. The main bedroom has its own half bath offering an added touch or privacy. For convenience there is an additional on-floor storage unit. Accessibility is key with an elevator, wheelchair access throughout the home and an ADA walk in shower. Onsite community transport arrives daily to take residents around South Amboy, with plenty of shops and restaurants, and Raritan Bay Waterfront Park is a serene and relaxing place to spend some time watching the water! Close access to public transit, shopping, and trains.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,470 (100%)
Owner Occupied HU	5,998 (57.3%)
Renter Occupied HU	4,130 (39.4%)
Vacant Housing Units	342 ( 3.3%)
Median Home Value	$445,825
Average Home Value	$492,152