215 Birch StHamiltonNJ08610
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 215 Birch St, Hamilton, NJ, 08610 in Hamilton: $3,570/mo in rent, $362/mo in net income, 9.52% gross yield, 1.76 DSCR, all at $450,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $124,327 in appreciation and $4,145/yr in principal paydown projects total cumulative return of $195,816.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $362 | $12,000 |
City averages based on Hamilton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,570 |
| Total Monthly Debt Service | $3,028 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08610, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,084 (100%) |
| Owner Occupied HU | 7,937 (60.7%) |
| Renter Occupied HU | 4,527 (34.6%) |
| Vacant Housing Units | 620 ( 4.7%) |
| Median Home Value | $299,122 |
| Average Home Value | $335,942 |
Housing Distribution
Address Breakdown
Residential
12,011
Single Family
11,942
Multi-Family
69
Businesses
643
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
Single Family
Built in 1999
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08610, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,084 (100%) |
| Owner Occupied HU | 7,937 (60.7%) |
| Renter Occupied HU | 4,527 (34.6%) |
| Vacant Housing Units | 620 ( 4.7%) |
| Median Home Value | $299,122 |
| Average Home Value | $335,942 |
Housing Distribution
Address Breakdown
Residential
12,011
Single Family
11,942
Multi-Family
69
Businesses
643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJME2073636