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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 Perth Amboy at 40 Fayette St APT 12, Perth Amboy, NJ, 08861 offers $1,909/mo rent that, after a $881/mo payment, leaves $626/mo cash flow. Total monthly income is $1,909/mo, and annual cash flow is $7,512/yr on $59,670 cash. Return on cash invested measures 32.5% in year one, and rental yield stands at 12.73% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 171.59% and total cumulative return in cash reaches $102,389. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,909/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
0.50 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 |
|---|---|---|
| 2024-07-11 | Listed for sale | $180,000 |
| 2023-12-30 | Listing removed | N/A |
| 2023-05-23 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2619.57 | 1.21% | $87,000 | N/A |
| 2022-10-16 | $2588.25 | -0.13% | $87,000 | N/A |
| 2021-10-16 | $2591.73 | 2.14% | $87,000 | N/A |
Listed by: Amado J. Gonzalez • PARTNERS REALTY GROUP
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2500523R
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