240 Redwood AveTrentonNJ08610
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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 240 Redwood Ave, Trenton, NJ, 08610 earns from $2,335/mo rent with a $1,884/mo payment. Total monthly income totals $2,335/mo. ROI tracks 16.07% on current figures, and rental yield reads 7.28% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 83.48% and total cumulative return in cash sums $106,546. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,335/mo property income instead of your personal income.
Single Family
Built in 1971
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08610, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,084 (100%) |
| Owner Occupied HU | 7,937 (60.7%) |
| Renter Occupied HU | 4,527 (34.6%) |
| Vacant Housing Units | 620 ( 4.7%) |
| Median Home Value | $299,122 |
| Average Home Value | $335,942 |
Housing Distribution
Address Breakdown
Residential
12,011
Single Family
11,942
Multi-Family
69
Businesses
643
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Listed by: Joe Beane • Keypoint Realty LLC
Mls Name: Bright MLS
Mls ID: #NJME2071162