1035 Halifax Pl BLDG 10 #1035TrentonNJ08619
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
Investment Highlights
Investment property for sale in Trenton at 1035 Halifax Pl BLDG 10 #1035, Trenton, NJ, 08619 uses $125,937 cash to close to unlock $6,607/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $3,258/mo, and a $1,859/mo payment keeps the spread at $551/mo. Purchase price stands at $379,900, and rental yield measures 10.29% with $3,258/mo rent. Return on cash invested shows 25.16% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 132.21% and total cumulative return in cash records $166,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,258/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Condo
Built in 2013
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kiran Mandhadi • Keller Williams Elite Realtors
Mls Name: GSMLS
Mls ID: #3976082