102 Armour AveHamiltonNJ08619
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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
Investment Highlights
Rental property for sale in Hamilton at 102 Armour Ave, Hamilton, NJ, 08619 priced at $349,950 pairs $2,887/mo rent with $392/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,887/mo, and annual cash flow comes to $4,709/yr on $116,008 invested. Return on cash invested is 23.97% in year one, and rental yield stands at 9.9% on a $349,950 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,685 by year five. Five-year ROI measures 125.87% and total cumulative return in cash reaches $146,014. For financing, Ziffy Mortgage’s DSCR program evaluates $2,887/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
5,772 sqft 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: Jennifer Rose Roberts • Coldwell Banker Residential Brokerage - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2061658