156 Tettemer AveHamiltonNJ08610
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
Investment Highlights
Rental property for sale in Hamilton at 156 Tettemer Ave, Hamilton, NJ, 08610 priced at $414,400 pairs $3,406/mo rent with $453/mo cash flow after a $2,028/mo payment. Total monthly income equals $3,406/mo, and annual cash flow comes to $5,430/yr on $137,374 invested. Return on cash invested is 23.86% in year one, and rental yield stands at 9.86% on a $414,400 basis. Equity gained on principal adds $2,674/yr, and 5% annual appreciation accumulates to $114,491 by year five. Five-year ROI measures 125.27% and total cumulative return in cash reaches $172,093. For financing, Ziffy Mortgage’s DSCR program evaluates $3,406/mo property income against a $2,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
9,152 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,011
Single Family
11,942
Multi-Family
69
Businesses
643
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Listed by: Justin Reed • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJME2071228