354 Garretson AvePerth 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
Investment property for sale in Perth Amboy at 354 Garretson Ave, Perth Amboy, NJ, 08861 listed at $600,000 pairs $4,517/mo rent with a $2,937/mo payment to leave $240/mo cash flow. Total monthly income runs $4,517/mo, and annual cash flow reaches $2,880/yr on $197,400 cash to close. Return on cash invested measures 21.52% in year one, and rental yield registers 9.03% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 112.67% and total cumulative return in cash totals $222,420. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,517/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2006
5,506 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: Michael Klein • LIBERTY REALTY LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2508422R
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