350 S Broad StTrentonNJ08608
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.69 makes 350 S Broad St, Trenton, NJ, 08608 in Trenton one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.13%. The 9.13% yield, 5% annual appreciation ($52,494 over five years), and $1,750/yr in principal reduction project a total cumulative return of $78,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $(246) | $1,850 |
City averages based on Trenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,446 |
| Total Monthly Debt Service | $1,279 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08608, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 102 ( 8.8%) |
| Renter Occupied HU | 835 (72.1%) |
| Vacant Housing Units | 221 (19.1%) |
| Median Home Value | $250,000 |
| Average Home Value | $389,804 |
Housing Distribution
Address Breakdown
Residential
759
Single Family
150
Multi-Family
609
Businesses
380
Nearby investment properties with comparable rents
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
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08608, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 102 ( 8.8%) |
| Renter Occupied HU | 835 (72.1%) |
| Vacant Housing Units | 221 (19.1%) |
| Median Home Value | $250,000 |
| Average Home Value | $389,804 |
Housing Distribution
Address Breakdown
Residential
759
Single Family
150
Multi-Family
609
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kiyana McKenzie • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJME2072684