2350 Route 33 #305TrentonNJ08691
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 2350 Route 33 #305, Trenton, NJ, 08691 in Trenton achieves 1.89, rent of $2,357/mo covers the $1,248/mo payment 1.5x over at $277,500. Rental yield 10.19%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $76,668 over five years, with $2,556/yr in principal reduction bringing total projected return to $101,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.8% |
| Monthly Cash Flow | $(112) | $1,850 |
City averages based on Trenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,357 |
| Total Monthly Debt Service | $2,359 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
N/A lot
$N/A/sqft
$491 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08691, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,581 (81.0%) |
| Renter Occupied HU | 1,072 (15.6%) |
| Vacant Housing Units | 237 ( 3.4%) |
| Median Home Value | $575,233 |
| Average Home Value | $581,872 |
Housing Distribution
Address Breakdown
Residential
6,726
Single Family
5,828
Multi-Family
898
Businesses
593
Nearby investment properties with comparable rents
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
Condo
Built in 2007
N/A lot
$N/A/sqft
$491 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08691, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,581 (81.0%) |
| Renter Occupied HU | 1,072 (15.6%) |
| Vacant Housing Units | 237 ( 3.4%) |
| Median Home Value | $575,233 |
| Average Home Value | $581,872 |
Housing Distribution
Address Breakdown
Residential
6,726
Single Family
5,828
Multi-Family
898
Businesses
593
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices