1415 Princeton AveEwingNJ08638
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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
Investment Highlights
Investment property for sale in Ewing at 1415 Princeton Ave, Ewing, NJ, 08638 uses $40,443 cash to close to unlock $1,146/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $965/mo, and a $597/mo payment keeps the spread at $96/mo. Purchase price stands at $122,000, and rental yield measures 9.49% with $965/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash records $48,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $965/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1922
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08638, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,122 (100%) |
| Owner Occupied HU | 4,725 (46.7%) |
| Renter Occupied HU | 3,964 (39.2%) |
| Vacant Housing Units | 1,433 (14.2%) |
| Median Home Value | $263,443 |
| Average Home Value | $319,958 |
Housing Distribution
Address Breakdown
Residential
9,515
Single Family
8,916
Multi-Family
599
Businesses
945
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Listed by: Jonathan Lamond • NextHome Essential Realty
Mls Name: NextHome
Mls ID: #NJME2068892