240 Rusling 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
Total monthly income runs $1,634/mo, and a $1,224/mo payment. Purchase price stands at $249,999, and rental yield measures 7.84% with $1,634/mo rent. Return on cash invested shows 17.76% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 92.57% and total cumulative return in cash records $76,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,634/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1887
1,258 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: STEVE R. CHARLES • KELLER WILLIAMS PREMIER
Mls Name: All Jersey MLS
Mls ID: #2609325R