370 Eggerts Crossing RdLawrence TownshipNJ08648
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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 Lawrence Township at 370 Eggerts Crossing Rd, Lawrence Township, NJ, 08648 priced at $299,000 pairs $2,088/mo rent with after a $1,463/mo payment. Total monthly income equals $2,088/mo. Return on cash invested is 19.39% in year one, and rental yield stands at 8.38% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 101.33% and total cumulative return in cash reaches $100,438. For financing, Ziffy Mortgage’s DSCR program evaluates $2,088/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08648, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,031 (100%) |
| Owner Occupied HU | 7,958 (61.1%) |
| Renter Occupied HU | 4,397 (33.7%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $471,687 |
| Average Home Value | $498,738 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
11,866
Multi-Family
672
Businesses
1,080
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Listed by: Ann Camille Lee • Corcoran Sawyer Smith - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2071556