1424 Hamilton AveHamiltonNJ08629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1424 Hamilton Ave, Hamilton, NJ, 08629 in Hamilton. Priced at $315,000, it generates $2,771/mo in gross rent and $526/mo in net monthly cash flow, a 10.56% yield that comfortably supports the 1.96 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,306. Five-year appreciation: $87,029. Equity from principal paydown: $2,901/yr. Total projected cumulative return: $154,606.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.5% |
| Monthly Cash Flow | $526 | $12,000 |
City averages based on Hamilton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,771 |
| Total Monthly Debt Service | $2,120 |
| DSCR Ratio | 1.31x |
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.
Townhouse
Built in 1915
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08629, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,117 (47.0%) |
| Renter Occupied HU | 2,120 (47.1%) |
| Vacant Housing Units | 268 ( 5.9%) |
| Median Home Value | $184,327 |
| Average Home Value | $359,217 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,990
Multi-Family
17
Businesses
186
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
Townhouse
Built in 1915
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08629, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,117 (47.0%) |
| Renter Occupied HU | 2,120 (47.1%) |
| Vacant Housing Units | 268 ( 5.9%) |
| Median Home Value | $184,327 |
| Average Home Value | $359,217 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,990
Multi-Family
17
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJME2074382