151 Meadowlark DrHamiltonNJ08690
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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
Rental property for sale in Hamilton at 151 Meadowlark Dr, Hamilton, NJ, 08690 offers $2,983/mo rent that, after a $1,906/mo payment, leaves $207/mo cash flow. Total monthly income is $2,983/mo, and annual cash flow is $2,485/yr on $129,119 cash. Return on cash invested measures 21.83% in year one, and rental yield stands at 9.19% at a $389,500 entry. Equity gained on principal adds $2,513/yr while 5% annual appreciation compounds into $107,612 by year five. Five-year ROI records 114.41% and total cumulative return in cash reaches $147,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,983/mo property income versus a $1,906/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
3,990 sqft 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
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Listed by: Dewey Nami • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJME2067224