417 Walnut AveTrentonNJ08609
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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 417 Walnut Ave, Trenton, NJ, 08609 uses $67,792 cash to close to unlock $3,795/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $1,001/mo payment keeps the spread at $316/mo. Purchase price stands at $204,500, and rental yield measures 10.41% with $1,774/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $56,500 over five years. Five-year ROI reaches 134.15% and total cumulative return in cash records $90,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $1,001/mo payment rather than investor’s personal income.
Townhouse
Built in 1906
1,063 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08609, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 1,318 (23.4%) |
| Renter Occupied HU | 3,689 (65.5%) |
| Vacant Housing Units | 626 (11.1%) |
| Median Home Value | $123,052 |
| Average Home Value | $288,171 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,110
Multi-Family
700
Businesses
352
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Listed by: Carlene Herring • Radiance Realty & Associates
Mls Name: Bright MLS
Mls ID: #NJME2070142