23 Hanna Lane UNIT 303South 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 23 Hanna Lane UNIT 303, South Amboy, NJ, 08879 earns from $3,000/mo rent with a $2,663/mo payment. Total monthly income totals $3,000/mo. ROI tracks 11.44% on current figures, and rental yield reads 6.62% at a $544,000 purchase. Equity gained on principal adds $3,510/yr, and 5% annual appreciation supports $150,297 over five years. Five-year ROI reaches 59.64% and total cumulative return in cash sums $106,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Townhouse
Built in 2003
871.20 sqft lot
$N/A/sqft
$408 monthly 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: Eileen Murphy • Berkshire Hathaway HomeServices Zack Shore Realtors
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509089
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.