132 Mowat CirHamiltonNJ08690
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.1% yield at 132 Mowat Cir, Hamilton, NJ, 08690 in Hamilton is solid, but the $1,506/mo payment compresses net cash flow to $156/mo at $335,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $92,554 by year five, and $3,085/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.71) without U.S. income documentation. Total projected return: $140,713.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $156 | $12,000 |
City averages based on Hamilton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,579 |
| Total Monthly Debt Service | $2,255 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08690, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,739 (100%) |
| Owner Occupied HU | 6,379 (82.4%) |
| Renter Occupied HU | 1,145 (14.8%) |
| Vacant Housing Units | 215 ( 2.8%) |
| Median Home Value | $415,654 |
| Average Home Value | $449,540 |
Housing Distribution
Address Breakdown
Residential
8,000
Single Family
7,929
Multi-Family
71
Businesses
499
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
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08690, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,739 (100%) |
| Owner Occupied HU | 6,379 (82.4%) |
| Renter Occupied HU | 1,145 (14.8%) |
| Vacant Housing Units | 215 ( 2.8%) |
| Median Home Value | $415,654 |
| Average Home Value | $449,540 |
Housing Distribution
Address Breakdown
Residential
8,000
Single Family
7,929
Multi-Family
71
Businesses
499
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJME2070582