18 Evans AveTrentonNJ08638
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 18 Evans Ave, Trenton, NJ, 08638 in Trenton speaks for itself: 13.74% gross on a $274,777 price, generating $3,146/mo in rent and $1,188/mo in net income after the $1,236/mo debt service. DSCR 2.55, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,254 stacks alongside $75,916 in projected five-year appreciation and $2,531/yr in principal reduction. Projected total cumulative return: $181,730.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.8% |
| Monthly Cash Flow | $1,188 | $1,850 |
City averages based on Trenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,146 |
| Total Monthly Debt Service | $1,849 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1913
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08638, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,122 (100%) |
| Owner Occupied HU | 4,725 (46.7%) |
| Renter Occupied HU | 3,964 (39.2%) |
| Vacant Housing Units | 1,433 (14.2%) |
| Median Home Value | $263,443 |
| Average Home Value | $319,958 |
Housing Distribution
Address Breakdown
Residential
9,515
Single Family
8,916
Multi-Family
599
Businesses
945
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
Single Family
Built in 1913
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08638, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,122 (100%) |
| Owner Occupied HU | 4,725 (46.7%) |
| Renter Occupied HU | 3,964 (39.2%) |
| Vacant Housing Units | 1,433 (14.2%) |
| Median Home Value | $263,443 |
| Average Home Value | $319,958 |
Housing Distribution
Address Breakdown
Residential
9,515
Single Family
8,916
Multi-Family
599
Businesses
945
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Legore • Coldwell Banker Residential Brokerage-Princeton Jct
Mls Name: Bright MLS
Mls ID: #NJME2065464