1216 Colts CircleLawrence TownshipNJ08648
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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
Rental property for sale in Lawrence Township at 1216 Colts Circle, Lawrence Township, NJ, 08648 offers $2,576/mo rent that, after a $497/mo payment, leaves $1,664/mo cash flow. Total monthly income is $2,576/mo, and annual cash flow is $19,973/yr on $33,636 cash. Return on cash invested measures 79.29% in year one, and rental yield stands at 30.47% at a $101,466 entry. Equity gained on principal adds $655/yr while 5% annual appreciation compounds into $28,033 by year five. Five-year ROI records 425% and total cumulative return in cash reaches $142,952. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,576/mo property income versus a $497/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
14.95 Acres lot
$N/A/sqft
$188 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08648, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,031 (100%) |
| Owner Occupied HU | 7,958 (61.1%) |
| Renter Occupied HU | 4,397 (33.7%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $471,687 |
| Average Home Value | $498,738 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
11,866
Multi-Family
672
Businesses
1,080
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Listed by: Laura Quinn • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424824
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.