38 Joyner CtLawrence 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
Total monthly income runs $2,258/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 7.97% with $2,258/mo rent. Return on cash invested shows 18.15% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 94.63% and total cumulative return in cash records $106,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,258/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
N/A 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: BARRINGTON A. NELSON • CENTURY 21 ABRAMS & ASSOCIATES
Mls Name: All Jersey MLS
Mls ID: #2607535R