137 2nd StBordentownNJ08505
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 137 2nd St, Bordentown, NJ, 08505 in Bordentown deserves attention. This $299,900 property earns $2,720/mo in rent, a 10.89% gross yield, and nets $583/mo after the $1,349/mo payment. DSCR 2.02 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $82,857 compounds alongside $2,762/yr in yearly equity build, for a total cumulative return of $152,431.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $583 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,720 |
| Total Monthly Debt Service | $2,018 |
| DSCR Ratio | 1.35x |
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.
Single Family
Built in 1870
3,311 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
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
Single Family
Built in 1870
3,311 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJBL2108282