219 Phillips AveTrentonNJ08638
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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 Trenton at 219 Phillips Ave, Trenton, NJ, 08638 at $215,000 posts ROI 19.27% with from $1,494/mo rent. Total monthly income equals $1,494/mo. Return on cash invested measures 19.27% and rental yield reads 8.34% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 100.6% and total cumulative return in cash totals $71,701. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,494/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
1,072 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: viviana Mejia • Keller Williams Realty East Monmouth
Mls Name: Bright MLS
Mls ID: #NJME2072240