359 Saint Joes AveTrentonNJ08638
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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 359 Saint Joes Ave, Trenton, NJ, 08638 with 5% annual appreciation on a $179,900 basis while $1,776/mo rent supports operations. Total monthly income totals $1,776/mo and a $881/mo payment preserves $493/mo for cash returns. Annual cash flow comes to $5,919/yr on $59,637 deployed, and return on cash invested reaches 29.83% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 11.85%. Five-year ROI measures 157.35% and total cumulative return in cash totals $93,837.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,776/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1876
1,259 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08638, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,122 (100%) |
| Owner Occupied HU | 4,725 (46.7%) |
| Renter Occupied HU | 3,964 (39.2%) |
| Vacant Housing Units | 1,433 (14.2%) |
| Median Home Value | $263,443 |
| Average Home Value | $319,958 |
Housing Distribution
Address Breakdown
Residential
9,515
Single Family
8,916
Multi-Family
599
Businesses
945
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Listed by: Jerome Beckworth • NJ Capital Realty LLC
Mls Name: Bright MLS
Mls ID: #NJME2069400