185 Lewis StPerth AmboyNJ08861
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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 Perth Amboy at 185 Lewis St, Perth Amboy, NJ, 08861 priced at $459,900 converts $2,901/mo rent into after a $2,251/mo obligation. Total monthly income equals $2,901/mo. Return on cash invested prints 16.94% in year one, and rental yield reads 7.57% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 88.15% and total cumulative return in cash sums $134,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,901/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1919
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08861, Perth Amboy, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,371 (100%) |
| Owner Occupied HU | 6,465 (33.4%) |
| Renter Occupied HU | 12,239 (63.2%) |
| Vacant Housing Units | 667 ( 3.4%) |
| Median Home Value | $422,443 |
| Average Home Value | $464,147 |
Housing Distribution
Address Breakdown
Residential
16,845
Single Family
13,515
Multi-Family
3,330
Businesses
1,269
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Listed by: THOMAS MARCOTRIGIANO • TOM MARCO REAL ESTATE INC
Mls Name: All Jersey MLS
Mls ID: #2607208R