395 Raritan StSouth AmboyNJ08879
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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 South Amboy at 395 Raritan St, South Amboy, NJ, 08879 priced at $545,000 converts $4,256/mo rent into $371/mo cash flow after a $2,668/mo obligation. Total monthly income equals $4,256/mo, and annual cash flow totals $4,450/yr on $179,305 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 9.37% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 118.17% and total cumulative return in cash sums $211,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,256/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
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Listed by: JOSEPH LEONE • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls ID: #2609905R