38 Devon CtRobbinsvilleNJ08691
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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 Robbinsville at 38 Devon Ct, Robbinsville, NJ, 08691 offers $2,941/mo rent that, after a $1,944/mo payment, leaves $110/mo cash flow. Total monthly income is $2,941/mo, and annual cash flow is $1,322/yr on $131,639 cash. Return on cash invested measures 20.91% in year one, and rental yield stands at 8.89% at a $397,100 entry. Equity gained on principal adds $2,562/yr while 5% annual appreciation compounds into $109,711 by year five. Five-year ROI records 109.49% and total cumulative return in cash reaches $144,125. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,941/mo property income versus a $1,944/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08691, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,581 (81.0%) |
| Renter Occupied HU | 1,072 (15.6%) |
| Vacant Housing Units | 237 ( 3.4%) |
| Median Home Value | $575,233 |
| Average Home Value | $581,872 |
Housing Distribution
Address Breakdown
Residential
6,726
Single Family
5,828
Multi-Family
898
Businesses
593
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MoreMLS
Mls ID: #22524304