2 Grand AveTrentonNJ08620
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
Investment Highlights
Investment property for sale in Trenton at 2 Grand Ave, Trenton, NJ, 08620 earns $245/mo cash flow from $2,952/mo rent with a $1,859/mo payment. Total monthly income totals $2,952/mo, and annual cash flow totals $2,935/yr on $125,937 capital. ROI tracks 22.24% on current figures, and rental yield reads 9.32% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash sums $146,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,952/mo property income instead of your personal income.
Single Family
Built in 2002
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08620, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 3,793 (77.0%) |
| Renter Occupied HU | 925 (18.8%) |
| Vacant Housing Units | 209 ( 4.2%) |
| Median Home Value | $392,840 |
| Average Home Value | $444,931 |
Housing Distribution
Address Breakdown
Residential
4,601
Single Family
4,596
Multi-Family
5
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Ricigliano • Action USA Jay Robert Realtors
Mls Name: Bright MLS
Mls ID: #NJBL2092932