218 Sewell AveHamiltonNJ08610
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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
Rental property for sale in Hamilton at 218 Sewell Ave, Hamilton, NJ, 08610 offers $2,830/mo rent that, after a $1,468/mo payment, leaves $692/mo cash flow. Total monthly income is $2,830/mo, and annual cash flow is $8,304/yr on $99,450 cash. Return on cash invested measures 28.26% in year one, and rental yield stands at 11.32% at a $299,999 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 148.84% and total cumulative return in cash reaches $148,020. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,830/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1,699 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
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Listed by: David Borrero • RE/MAX Homeland Realtors
Mls Name: Bright MLS
Mls ID: #NJME2064938