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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% |
Investment property for sale in Perth Amboy at 358 Rector St APT 218, Perth Amboy, NJ, 08861 listed at $369,000 pairs $3,188/mo rent with a $1,806/mo payment to leave $558/mo cash flow. Total monthly income runs $3,188/mo, and annual cash flow reaches $6,695/yr on $122,324 cash to close. Return on cash invested measures 25.38% in year one, and rental yield registers 10.37% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 133.42% and total cumulative return in cash totals $163,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,188/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08861, Perth Amboy, NJ area.
| 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 |
Residential
16,845
Single Family
13,515
Multi-Family
3,330
Businesses
1,269
Date | Event | Price |
|---|---|---|
| 2025-03-30 | Listed for sale | $369,000 |
| 2017-05-10 | Sold | $76,000 |
| 2016-12-03 | Listing removed | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $5047.44 | 0.20% | $167,300 | N/A |
| 2023-04-01 | $5037.40 | 1.21% | $167,300 | N/A |
| 2022-04-01 | $4977.18 | -0.13% | $167,300 | N/A |
Listed by: Julio C. Valdez • UNITED R.E. OF NORTH JERSEY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2511144R
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