314 Academy StTrentonNJ08618
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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 314 Academy St, Trenton, NJ, 08618 uses $77,869 cash to close to unlock $5,285/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $2,115/mo, and a $1,150/mo payment keeps the spread at $440/mo. Purchase price stands at $234,900, and rental yield measures 10.8% with $2,115/mo rent. Return on cash invested shows 26.7% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 140.51% and total cumulative return in cash records $109,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,115/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1,302 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: Linda Wilhelm • BHHS Fox & Roach-Medford
Mls Name: Bright MLS
Mls ID: #NJME2070808