29 Laurel AveTrentonNJ08618
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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 29 Laurel Ave, Trenton, NJ, 08618 earns $706/mo cash flow from $1,954/mo rent with a $857/mo payment. Total monthly income totals $1,954/mo, and annual cash flow totals $8,474/yr on $58,013 capital. ROI tracks 34.52% on current figures, and rental yield reads 13.4% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 182.46% and total cumulative return in cash sums $105,847. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,954/mo property income instead of your personal income.
Single Family
Built in 1911
1,258 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08618, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,741 (100%) |
| Owner Occupied HU | 5,649 (35.9%) |
| Renter Occupied HU | 8,035 (51.0%) |
| Vacant Housing Units | 2,057 (13.1%) |
| Median Home Value | $244,052 |
| Average Home Value | $307,479 |
Housing Distribution
Address Breakdown
Residential
14,218
Single Family
11,289
Multi-Family
2,929
Businesses
565
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Listed by: Tameka Tjerrell • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJME2070926