18 Evans AveTrentonNJ08638
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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
Investment property for sale in Trenton at 18 Evans Ave, Trenton, NJ, 08638 listed at $274,777 pairs $3,146/mo rent with a $1,345/mo payment to leave $1,187/mo cash flow. Total monthly income runs $3,146/mo, and annual cash flow reaches $14,248/yr on $91,089 cash to close. Return on cash invested measures 35.55% in year one, and rental yield registers 13.74% at a $274,777 basis. Equity gained on principal adds $1,773/yr, and annual property appreciation at 5% supports $75,916 by year five. Five-year ROI tracks 187.98% and total cumulative return in cash totals $171,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,146/mo property income relative to a $1,345/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Jennifer Legore • Coldwell Banker Residential Brokerage-Princeton Jct
Mls Name: Bright MLS
Mls ID: #NJME2065464