399 W State StTrentonNJ08618
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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 $2,365/mo, and a $3,181/mo payment. Purchase price stands at $649,999, and rental yield measures 4.37% with $2,365/mo rent. Return on cash invested shows 7.34% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 36.63% and total cumulative return in cash records $78,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,365/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Multi Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08618, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,741 (100%) |
| Owner Occupied HU | 5,649 (35.9%) |
| Renter Occupied HU | 8,035 (51.0%) |
| Vacant Housing Units | 2,057 (13.1%) |
| Median Home Value | $244,052 |
| Average Home Value | $307,479 |
Housing Distribution
Address Breakdown
Residential
14,218
Single Family
11,289
Multi-Family
2,929
Businesses
565
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Listed by: Mr. Justin Massimo • Turning Point Real Estate
Mls Name: Bright MLS
Mls ID: #NJME2063784