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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in South Amboy at 33 Eugene Blvd, South Amboy, NJ, 08879 priced at $579,000 converts $4,980/mo rent into $853/mo cash flow after a $2,834/mo obligation. Total monthly income equals $4,980/mo, and annual cash flow totals $10,235/yr on $190,491 invested. Return on cash invested prints 25.43% in year one, and rental yield reads 10.32% against a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation compiles into $159,967 by year five. Five-year ROI reaches 133.67% and total cumulative return in cash sums $254,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,980/mo property income covering a $2,834/mo payment, not borrower’s personal income.
Single Family
Built in 1959
10,498 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
| 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 |
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $579,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $11043.95 | 2.85% | $180,900 | N/A |
| 2023-04-01 | $10738.22 | 7.05% | $180,900 | N/A |
| 2022-04-01 | $10030.91 | -2.29% | $180,900 | -3.37% |
Listed by: Michele Babino • RE/MAX SELECT
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2511171R
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