169 N Union StLambertvilleNJ08530
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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 Lambertville at 169 N Union St, Lambertville, NJ, 08530 offers $4,056/mo rent that, after a $3,421/mo payment. Total monthly income is $4,056/mo. Return on cash invested measures 15.23% in year one, and rental yield stands at 6.96% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 78.94% and total cumulative return in cash reaches $181,538. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,056/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1877
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08530, Lambertville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,682 (100%) |
| Owner Occupied HU | 2,560 (69.5%) |
| Renter Occupied HU | 882 (24.0%) |
| Vacant Housing Units | 240 ( 6.5%) |
| Median Home Value | $634,868 |
| Average Home Value | $688,356 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,314
Multi-Family
133
Businesses
465
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Listed by: Mary Cane • River Valley Realty Llc
Mls Name: GSMLS
Mls ID: #3983264