121 Hoover AveHamiltonNJ08619
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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 Hamilton at 121 Hoover Ave, Hamilton, NJ, 08619 offers a 8.18% rental yield on a $459,000 purchase with $3,130/mo rent. 79% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 98.06% and total cumulative return in cash at $149,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,130/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,501 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: Dave Ricigliano • Action USA Jay Robert Realtors
Mls Name: Bright MLS
Mls ID: #NJME2070474