654 Colgate AvePerth AmboyNJ08861
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 654 Colgate Ave, Perth Amboy, NJ, 08861 in Perth Amboy: $3,760/mo in rent, $338/mo in net income, 9.4% gross yield, 1.74 DSCR, all at $480,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $132,615 in appreciation and $4,421/yr in principal paydown projects total cumulative return of $205,787.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $338 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,760 |
| Total Monthly Debt Service | $3,230 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
5,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1956
5,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: All Jersey MLS
Mls ID: #2612600R