117 Walnut AveTrentonNJ08609
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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 117 Walnut Ave, Trenton, NJ, 08609 listed at $270,000 pairs $2,363/mo rent with a $1,322/mo payment to leave $438/mo cash flow. Total monthly income runs $2,363/mo, and annual cash flow reaches $5,256/yr on $89,505 cash to close. Return on cash invested measures 25.78% in year one, and rental yield registers 10.5% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 135.56% and total cumulative return in cash totals $121,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,363/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1886
2,026 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08609, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 1,318 (23.4%) |
| Renter Occupied HU | 3,689 (65.5%) |
| Vacant Housing Units | 626 (11.1%) |
| Median Home Value | $123,052 |
| Average Home Value | $288,171 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,110
Multi-Family
700
Businesses
352
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Listed by: Tynisha Isom • Keller Williams Real Estate - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2066220