31 Cold Spring RdHamiltonNJ08619
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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 31 Cold Spring Rd, Hamilton, NJ, 08619 priced at $499,900 pairs $3,928/mo rent with $365/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,928/mo, and annual cash flow comes to $4,375/yr on $165,717 invested. Return on cash invested is 22.55% in year one, and rental yield stands at 9.43% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 118.23% and total cumulative return in cash reaches $195,924. For financing, Ziffy Mortgage’s DSCR program evaluates $3,928/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
8,612 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08619, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,063 (100%) |
| Owner Occupied HU | 6,489 (64.5%) |
| Renter Occupied HU | 3,101 (30.8%) |
| Vacant Housing Units | 473 ( 4.7%) |
| Median Home Value | $395,121 |
| Average Home Value | $421,739 |
Housing Distribution
Address Breakdown
Residential
9,859
Single Family
9,244
Multi-Family
615
Businesses
1,088
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Listed by: Val Gallagher • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJME2071844