364 Myrtle 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 364 Myrtle St, Perth Amboy, NJ, 08861 priced at $449,999 pairs $2,944/mo rent with after a $2,203/mo payment. Total monthly income equals $2,944/mo. Return on cash invested is 17.79% in year one, and rental yield stands at 7.85% on a $449,999 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,326 by year five. Five-year ROI measures 92.67% and total cumulative return in cash reaches $138,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,944/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1924
2,126 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: Keidy ". Lozada • UNITED R.E. OF NORTH JERSEY
Mls Name: All Jersey MLS
Mls ID: #2600169R