22 Ovington DrHamiltonNJ08620
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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
Total monthly income runs $3,190/mo, and a $2,398/mo payment. Purchase price stands at $489,900, and rental yield measures 7.81% with $3,190/mo rent. Return on cash invested shows 17.68% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 92.1% and total cumulative return in cash records $149,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,190/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08620, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 3,793 (77.0%) |
| Renter Occupied HU | 925 (18.8%) |
| Vacant Housing Units | 209 ( 4.2%) |
| Median Home Value | $392,840 |
| Average Home Value | $444,931 |
Housing Distribution
Address Breakdown
Residential
4,601
Single Family
4,596
Multi-Family
5
Businesses
162
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Listed by: Hailey Cope • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJME2065112