16 Albemarle RdHamiltonNJ08690
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 16 Albemarle Rd, Hamilton, NJ, 08690 priced at $349,000 pairs $2,559/mo rent with $72/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,559/mo, and annual cash flow comes to $859/yr on $115,694 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 8.8% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 108.07% and total cumulative return in cash reaches $125,028. For financing, Ziffy Mortgage’s DSCR program evaluates $2,559/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
9,779 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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Nearby investment properties with comparable prices
Listed by: Brian McCarron • Keller Williams Elite Realtors
Mls Name: Bright MLS
Mls ID: #NJME2063082