1848 Greenwood AveHamiltonNJ08609
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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 Hamilton at 1848 Greenwood Ave, Hamilton, NJ, 08609 earns $27/mo cash flow from $2,449/mo rent with a $1,663/mo payment. Total monthly income totals $2,449/mo, and annual cash flow totals $325/yr on $112,644 capital. ROI tracks 20.2% on current figures, and rental yield reads 8.65% at a $339,800 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,880 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash sums $119,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,449/mo property income instead of your personal income.
Single Family
Built in 1924
3,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08609, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 1,318 (23.4%) |
| Renter Occupied HU | 3,689 (65.5%) |
| Vacant Housing Units | 626 (11.1%) |
| Median Home Value | $123,052 |
| Average Home Value | $288,171 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,110
Multi-Family
700
Businesses
352
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Listed by: Tony Lee • Home Journey Realty
Mls Name: Bright MLS
Mls ID: #NJME2069058