171 Drift AveLawrence TownshipNJ08648
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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
Investment property for sale in Lawrence Township at 171 Drift Ave, Lawrence Township, NJ, 08648 at $330,000 posts ROI 21.62% with $156/mo cash flow from $2,508/mo rent. Total monthly income equals $2,508/mo, and annual cash flow records $1,872/yr on $109,395 to close. Return on cash invested measures 21.62% and rental yield reads 9.12% at the current $330,000. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 by year five. Five-year ROI prints 113.25% and total cumulative return in cash totals $123,887.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,508/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08648, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,031 (100%) |
| Owner Occupied HU | 7,958 (61.1%) |
| Renter Occupied HU | 4,397 (33.7%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $471,687 |
| Average Home Value | $498,738 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
11,866
Multi-Family
672
Businesses
1,080
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Listed by: Stacey Vannozzi • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJME2061740