228 David StSouth AmboyNJ08879
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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
Investment property for sale in South Amboy at 228 David St, South Amboy, NJ, 08879 earns from $4,844/mo rent with a $3,744/mo payment. Total monthly income totals $4,844/mo. ROI tracks 17.16% on current figures, and rental yield reads 7.6% at a $765,000 purchase. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 over five years. Five-year ROI reaches 89.31% and total cumulative return in cash sums $224,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,844/mo property income instead of your personal income.
Multi Family
Built in 1914
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
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Listed by: JOSEPH DEVIZIO • J.J. ELEK REALTY CO.
Mls Name: All Jersey MLS
Mls ID: #2608766R