323 Wilfred AveTrentonNJ08610
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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 Trenton at 323 Wilfred Ave, Trenton, NJ, 08610 generates $2,879/mo in rent and, after a $1,757/mo payment, leaves $320/mo in cash flow. Total monthly income is $2,879/mo, and annual cash flow is $3,846/yr on $118,971 invested. Return on cash invested sits at 23.14% in year one, and rental yield is 9.63% on a $358,888 entry. Equity gained on principal adds $2,316/yr, while 5% annual appreciation builds toward $99,154 over five years. Five-year ROI reaches 121.43% and total cumulative return in cash sums $144,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,879/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08610, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,084 (100%) |
| Owner Occupied HU | 7,937 (60.7%) |
| Renter Occupied HU | 4,527 (34.6%) |
| Vacant Housing Units | 620 ( 4.7%) |
| Median Home Value | $299,122 |
| Average Home Value | $335,942 |
Housing Distribution
Address Breakdown
Residential
12,011
Single Family
11,942
Multi-Family
69
Businesses
643
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Listed by: Alex Isakov • Realty Mark Central, LLC
Mls Name: Bright MLS
Mls ID: #NJME2063268