226 Saybrook AveHamiltonNJ08619
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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
Rental property for sale in Hamilton at 226 Saybrook Ave, Hamilton, NJ, 08619 priced at $424,999 converts $3,000/mo rent into after a $2,080/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 19.66% in year one, and rental yield reads 8.47% against a $424,999 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,419 by year five. Five-year ROI reaches 102.74% and total cumulative return in cash sums $144,748. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08619, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,063 (100%) |
| Owner Occupied HU | 6,489 (64.5%) |
| Renter Occupied HU | 3,101 (30.8%) |
| Vacant Housing Units | 473 ( 4.7%) |
| Median Home Value | $395,121 |
| Average Home Value | $421,739 |
Housing Distribution
Address Breakdown
Residential
9,859
Single Family
9,244
Multi-Family
615
Businesses
1,088
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Listed by: Joseph J. Valenti • Re/Max Instyle
Mls Name: GSMLS
Mls ID: #3990193