320 Commonwealth AveTrentonNJ08629
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Nearby investment properties with comparable prices
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 Trenton at 320 Commonwealth Ave, Trenton, NJ, 08629 priced at $225,000 pairs $2,192/mo rent with $589/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,192/mo, and annual cash flow comes to $7,062/yr on $74,588 invested. Return on cash invested is 29.38% in year one, and rental yield stands at 11.69% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 154.86% and total cumulative return in cash reaches $115,509. For financing, Ziffy Mortgage’s DSCR program evaluates $2,192/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
1,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08629, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,117 (47.0%) |
| Renter Occupied HU | 2,120 (47.1%) |
| Vacant Housing Units | 268 ( 5.9%) |
| Median Home Value | $184,327 |
| Average Home Value | $359,217 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,990
Multi-Family
17
Businesses
186
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Listed by: Patricia Gesswein • Houwzer LLC-Haddonfield
Mls Name: Bright MLS
Mls ID: #NJME2070414