212 Silver CtHamiltonNJ08690
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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
Rental property for sale in Hamilton at 212 Silver Ct, Hamilton, NJ, 08690 priced at $259,000 converts $2,514/mo rent into $668/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,514/mo, and annual cash flow totals $8,011/yr on $85,859 invested. Return on cash invested prints 29.24% in year one, and rental yield reads 11.65% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 154.12% and total cumulative return in cash sums $132,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Apartment
Built in 1981
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08690, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,739 (100%) |
| Owner Occupied HU | 6,379 (82.4%) |
| Renter Occupied HU | 1,145 (14.8%) |
| Vacant Housing Units | 215 ( 2.8%) |
| Median Home Value | $415,654 |
| Average Home Value | $449,540 |
Housing Distribution
Address Breakdown
Residential
8,000
Single Family
7,929
Multi-Family
71
Businesses
499
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Listed by: Tony Lee • Home Journey Realty
Mls Name: Bright MLS
Mls ID: #NJME2069054