3 Fenimore RdHamiltonNJ08690
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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
Rental property for sale in Hamilton at 3 Fenimore Rd, Hamilton, NJ, 08690 generates $3,522/mo in rent and, after a $2,374/mo payment, leaves $65/mo in cash flow. Total monthly income is $3,522/mo, and annual cash flow is $778/yr on $160,778 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.71% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash sums $171,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,522/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
4,996 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08690, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,739 (100%) |
| Owner Occupied HU | 6,379 (82.4%) |
| Renter Occupied HU | 1,145 (14.8%) |
| Vacant Housing Units | 215 ( 2.8%) |
| Median Home Value | $415,654 |
| Average Home Value | $449,540 |
Housing Distribution
Address Breakdown
Residential
8,000
Single Family
7,929
Multi-Family
71
Businesses
499
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Listed by: Laura Hall • BHHS Fox & Roach - Robbinsville
Mls Name: Bright MLS
Mls ID: #NJME2072294