24 Chippin CtRobbinsvilleNJ08691
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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 Robbinsville at 24 Chippin Ct, Robbinsville, NJ, 08691 uses $145,860 cash to close to unlock $5,620/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $3,605/mo, and a $2,154/mo payment keeps the spread at $468/mo. Purchase price stands at $440,000, and rental yield measures 9.83% with $3,605/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 124.75% and total cumulative return in cash records $181,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,605/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
1,760 sqft lot
$N/A/sqft
No 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
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Listed by: Arjun Sapra • Halo Realty LLC
Mls Name: Bright MLS
Mls ID: #NJME2064640