140 Maddock Ave, Hamilton, NJ, 08610 | $395/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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140 Maddock Ave, Hamilton, NJ, 08610 | $395/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Hamilton at 140 Maddock Ave, Hamilton, NJ, 08610 priced at $299,900 converts $2,533/mo rent into $395/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,533/mo, and annual cash flow totals $4,743/yr on $99,417 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 10.14% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 129.69% and total cumulative return in cash sums $128,932. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,533/mo property income covering a $1,468/mo payment, not borrower’s personal income.

Single Family

Built in 1952

4,400 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 140 Maddock Ave in desirable Hamilton, NJ! This charming 2-bedroom, 1-bath home offers spacious rooms and incredible potential, with major system upgrades already completed. Enjoy peace of mind with a brand new furnace, hot water heater, and roof all installed in 2024! The home previously had central air, and while the system remains in place, it is currently not functional, giving the new owner the option to restore or update it. In the interim window units come with the house. Step inside to a comfortable layout thats ready for your personal touch. With simple cosmetic updates, this home can truly shine bright for the holiday season. A highlight of the property is the unique full walk-up attic, offering excellent potential for a large main bedroom suite, home office, or rentable space with renovation. The home also features a full unfinished basement, ideal for storage or future expansion. Enjoy outdoor living on the semi front porch or in the fenced-in backyard, perfect for entertaining, gardening, or pets. The property also includes a driveway and garage, providing convenient off-street parking and additional storage. Located in a sought-after Hamilton neighborhood near schools, shopping, major highways, and the train station. Perfect for first-time buyers, downsizers, or investors dont miss the opportunity to make this home yours!

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