242 Centre St UNIT 4TrentonNJ08611
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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 242 Centre St UNIT 4, Trenton, NJ, 08611 at $350,000 posts ROI 19.51% with from $2,456/mo rent. Total monthly income equals $2,456/mo. Return on cash invested measures 19.51% and rental yield reads 8.42% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 101.95% and total cumulative return in cash totals $118,286. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,456/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Apartment
Built in 1900
N/A 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: Deysi Nunez • Weichert Realtors - Moorestown
Mls Name: Bright MLS
Mls ID: #NJME2070386