18 Bridgepointe Drive #207, South Amboy, NJ, 08879 | 8.39% Rental Yield

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18 Bridgepointe Drive #207, South Amboy, NJ, 08879 | 8.39% 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 18 Bridgepointe Drive #207, South Amboy, NJ, 08879 offers a 8.39% rental yield on a $549,900 purchase with $3,845/mo rent. 57% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Portfolio math shows five-year ROI at 102.22% and total cumulative return in cash at $184,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,845/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2001

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Bridgepointe, a welcoming and beautifully maintained community in Middlesex County. This generously sized townhouse offers over 1,700 sq. ft. of comfortable, open-concept living, complete with a finished basement and a new roof (only 3 years old). Built in 2001, this home features 2 bedrooms, 2.5 baths, and a direct-entry garage with additional driveway parking. There is plenty of guest parking right outside your door. The layout is incredibly versatile; easy to personalize and make your own with your unique style and vibe. The main level is bright and spacious, opening to your private deck, while the upper level includes a primary suite with full en-suite bath and a second bedroom with its own private bath. The finished basement, provides fantastic bonus living space, perfect for a family room, playroom, home office, music studio or whatever suits your lifestyle. Outside your door, enjoy great amenities: a swimming pool, tennis courts and a clubhouse with a fitness center. The HOA keeps the community meticulously maintained, offering a safe and truly enjoyable place to live. The location is unbeatable, close to the park-and-ride, NYC , GSP, Hwy 34 and 35, grocery stores and all everyday conveniences. Though the address is South Amboy, this home is part of the Old Bridge School System. It's also near Cheesequake State Park where you can slow down and enjoy summer activities like camping, fitness trails and just becoming one with nature. This is a fabulous opportunity to own a spacious, well kept home in an amazing community. New Year, New Home!

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