1 Mulberry CtHamiltonNJ08619
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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 Hamilton at 1 Mulberry Ct, Hamilton, NJ, 08619 priced at $299,000 converts $2,610/mo rent into $479/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,610/mo, and annual cash flow totals $5,751/yr on $99,119 invested. Return on cash invested prints 25.71% in year one, and rental yield reads 10.47% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 135.22% and total cumulative return in cash sums $134,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,610/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08619, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,063 (100%) |
| Owner Occupied HU | 6,489 (64.5%) |
| Renter Occupied HU | 3,101 (30.8%) |
| Vacant Housing Units | 473 ( 4.7%) |
| Median Home Value | $395,121 |
| Average Home Value | $421,739 |
Housing Distribution
Address Breakdown
Residential
9,859
Single Family
9,244
Multi-Family
615
Businesses
1,088
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Listed by: Marcin Radzicki • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJME2064986