1309 Golden PlLawrence TownshipNJ08648
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 Lawrence Township at 1309 Golden Pl, Lawrence Township, NJ, 08648 offers a 10.15% rental yield on a $370,000 purchase with $3,130/mo rent. Total monthly income registers $3,130/mo, and a $1,811/mo payment leaves $493/mo available for distribution. Annual cash flow reaches $5,912/yr on $122,655 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,224 over five years. Portfolio math shows five-year ROI at 129.93% and total cumulative return in cash at $159,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,130/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Thompson • Corcoran Sawyer Smith - Pennington
Mls Name: Bright MLS
Mls ID: #NJME2071798