28 Thropp AveHamiltonNJ08610
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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 Hamilton at 28 Thropp Ave, Hamilton, NJ, 08610 uses $130,611 cash to close to unlock $4,801/yr annual cash flow and $400/mo monthly cash flow. Total monthly income runs $3,208/mo, and a $1,928/mo payment keeps the spread at $400/mo. Purchase price stands at $394,000, and rental yield measures 9.77% with $3,208/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $108,855 over five years. Five-year ROI reaches 123.81% and total cumulative return in cash records $161,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,208/mo property income covering a $1,928/mo payment rather than investor’s personal income.
Single Family
Built in 1930
4,800 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: Balbino Morales • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJME2064146