227 Hewitt StTrentonNJ08611
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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 227 Hewitt St, Trenton, NJ, 08611 offers a 9.25% rental yield on a $134,900 purchase with $1,040/mo rent. Total monthly income registers $1,040/mo, and a $660/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $945/yr on $44,719 to close, and return on cash invested stands at 22.02% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 115.4% and total cumulative return in cash at $51,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,040/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1877
1,259 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08611, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,062 (21.0%) |
| Renter Occupied HU | 6,789 (69.2%) |
| Vacant Housing Units | 965 ( 9.8%) |
| Median Home Value | $121,267 |
| Average Home Value | $239,645 |
Housing Distribution
Address Breakdown
Residential
8,670
Single Family
7,550
Multi-Family
1,120
Businesses
605
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Listed by: Tom Elliott • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJME2065926