113 Mifflin StTrentonNJ08611
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 113 Mifflin St, Trenton, NJ, 08611 earns $1,027/mo cash flow from $2,167/mo rent with a $783/mo payment. Total monthly income totals $2,167/mo, and annual cash flow totals $12,323/yr on $53,007 capital. ROI tracks 43.16% on current figures, and rental yield reads 16.26% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 228.75% and total cumulative return in cash sums $121,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,167/mo property income instead of your personal income.
Single Family
Built in 1900
1,128 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08611, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,062 (21.0%) |
| Renter Occupied HU | 6,789 (69.2%) |
| Vacant Housing Units | 965 ( 9.8%) |
| Median Home Value | $121,267 |
| Average Home Value | $239,645 |
Housing Distribution
Address Breakdown
Residential
8,670
Single Family
7,550
Multi-Family
1,120
Businesses
605
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Listed by: Justin Reed • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJME2069244