353 Redwood AveHamiltonNJ08610
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
Investment Highlights
Investment property for sale in Hamilton at 353 Redwood Ave, Hamilton, NJ, 08610 at $399,999 posts ROI 24.55% with $513/mo cash flow from $3,364/mo rent. Total monthly income equals $3,364/mo, and annual cash flow records $6,152/yr on $132,600 to close. Return on cash invested measures 24.55% and rental yield reads 10.09% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 128.96% and total cumulative return in cash totals $171,003.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
5,625 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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Nearby investment properties with comparable prices
Listed by: Justin MacFee • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJME2072086