241 Tioga StTrentonNJ08609
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
Investment Highlights
Rental property for sale in Trenton at 241 Tioga St, Trenton, NJ, 08609 priced at $210,000 pairs $2,057/mo rent with $560/mo cash flow after a $1,028/mo payment. Total monthly income equals $2,057/mo, and annual cash flow comes to $6,720/yr on $69,615 invested. Return on cash invested is 29.56% in year one, and rental yield stands at 11.75% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 155.83% and total cumulative return in cash reaches $108,484. For financing, Ziffy Mortgage’s DSCR program evaluates $2,057/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
1,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08609, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 1,318 (23.4%) |
| Renter Occupied HU | 3,689 (65.5%) |
| Vacant Housing Units | 626 (11.1%) |
| Median Home Value | $123,052 |
| Average Home Value | $288,171 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,110
Multi-Family
700
Businesses
352
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Listed by: Jose Rodriguez • Garcia Realtors
Mls Name: Bright MLS
Mls ID: #NJME2063396