213 New Hillcrest AveEwingNJ08638
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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 Ewing at 213 New Hillcrest Ave, Ewing, NJ, 08638 offers a 11.57% rental yield on a $339,745 purchase with $3,277/mo rent. Total monthly income registers $3,277/mo, and a $1,663/mo payment leaves $855/mo available for distribution. Annual cash flow reaches $10,263/yr on $112,625 to close, and return on cash invested stands at 29.02% in year one. Equity gained on principal adds $2,192/yr while 5% annual appreciation supports $93,865 over five years. Portfolio math shows five-year ROI at 152.96% and total cumulative return in cash at $172,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,277/mo property income against a $1,663/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
3,750 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: Joan George • RE/MAX Tri County
Mls Name: Bright MLS
Mls ID: #NJME2062910