1045 Fairmount AveTrentonNJ08629
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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 Trenton at 1045 Fairmount Ave, Trenton, NJ, 08629 offers a 11.89% rental yield on a $217,700 purchase with $2,157/mo rent. Total monthly income registers $2,157/mo, and a $1,066/mo payment leaves $605/mo available for distribution. Annual cash flow reaches $7,258/yr on $72,168 to close, and return on cash invested stands at 29.97% in year one. Equity gained on principal adds $1,405/yr while 5% annual appreciation supports $60,147 over five years. Portfolio math shows five-year ROI at 158.01% and total cumulative return in cash at $114,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,157/mo property income against a $1,066/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08629, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,117 (47.0%) |
| Renter Occupied HU | 2,120 (47.1%) |
| Vacant Housing Units | 268 ( 5.9%) |
| Median Home Value | $184,327 |
| Average Home Value | $359,217 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,990
Multi-Family
17
Businesses
186
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Listed by: Desmond Stanley • Weichert Realtors-Princeton Junction
Mls Name: Bright MLS
Mls ID: #NJME2071238