23 Cain AveTrentonNJ08638
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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 Trenton at 23 Cain Ave, Trenton, NJ, 08638 priced at $259,900 pairs $2,507/mo rent with $655/mo cash flow after a $1,272/mo payment. Total monthly income equals $2,507/mo, and annual cash flow comes to $7,855/yr on $86,157 invested. Return on cash invested is 29.03% in year one, and rental yield stands at 11.58% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 153% and total cumulative return in cash reaches $131,818. For financing, Ziffy Mortgage’s DSCR program evaluates $2,507/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
1,742 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: David Adlai-Gail • Coldwell Banker Residential Brokerage-Princeton Jct
Mls Name: Bright MLS
Mls ID: #NJME2072118