773 Shannon AvePerth 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
Investment property for sale in Perth Amboy at 773 Shannon Ave, Perth Amboy, NJ, 08861 uses $165,750 cash to close to unlock $6,208/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $4,081/mo, and a $2,447/mo payment keeps the spread at $517/mo. Purchase price stands at $500,000, and rental yield measures 9.79% with $4,081/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 124.17% and total cumulative return in cash records $205,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,081/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1957
5,797 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: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2610073R