1308 S Broad St, Trenton, NJ, 08610 | Equity Gain $6,775/yr

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Monthly Cash Flow: 1 - 3k+

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1308 S Broad St, Trenton, NJ, 08610 | Equity Gain $6,775/yr | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Trenton at 1308 S Broad St, Trenton, NJ, 08610 generates $1,950/mo in rent, after a $5,139/mo payment. Total monthly income is $1,950/mo. Return on cash invested sits at 0.85% in year one, and rental yield is 2.23% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 1.79% and total cumulative return in cash sums $6,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,950/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

1,462 sqft lot

$N/A/sqft

No HOA

More details about the property

Prime mixed-use development opportunity at 1304-1308 S Broad St in Trenton, NJ. Currently configured as a four-unit rental property, this asset is being offered with full approvals and site plans to redevelop the building into a six-unit mixed-use project, creating significant value for any investor or developer. The approved plans include two ground-floor retail storefronts ideal for a variety of commercial tenants, along with four newly designed two-bedroom residential apartments on the upper levels. The expanded layout is optimized for modern tenant demand and long-term rental stability. Located on the well-trafficked South Broad Street corridor, the property offers excellent visibility, convenient access to major highways and public transit, and close proximity to local amenities. With approvals already in place, buyers can move directly into construction and expedite their return on investment. This is an exceptional opportunity for anyone looking to create long-term cash flow or bring a value-add redevelopment project to life in a rapidly improving area.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08610, Trenton, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,084 (100%)
Owner Occupied HU	7,937 (60.7%)
Renter Occupied HU	4,527 (34.6%)
Vacant Housing Units	620 ( 4.7%)
Median Home Value	$299,122
Average Home Value	$335,942