278 Market 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 278 Market St, Perth Amboy, NJ, 08861 priced at $475,000 pairs $4,002/mo rent with $616/mo cash flow after a $2,325/mo payment. Total monthly income equals $4,002/mo, and annual cash flow comes to $7,394/yr on $157,463 invested. Return on cash invested is 24.6% in year one, and rental yield stands at 10.11% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 129.27% and total cumulative return in cash reaches $203,551. For financing, Ziffy Mortgage’s DSCR program evaluates $4,002/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1904
1,999 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: ROBERT J. DURSO • RE/MAX SELECT
Mls Name: All Jersey MLS
Mls ID: #2601767R