421 Paxson AveHamiltonNJ08690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hamilton at 421 Paxson Ave, Hamilton, NJ, 08690 generates $4,730/mo in rent and, after a $2,166/mo payment, leaves $1,487/mo in cash flow. Total monthly income is $4,730/mo, and annual cash flow is $17,838/yr on $146,689 invested. Return on cash invested sits at 32.07% in year one, and rental yield is 12.83% on a $442,500 entry. Equity gained on principal adds $2,855/yr, while 5% annual appreciation builds toward $122,255 over five years. Five-year ROI reaches 169.56% and total cumulative return in cash sums $248,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,730/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08690, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,739 (100%) |
| Owner Occupied HU | 6,379 (82.4%) |
| Renter Occupied HU | 1,145 (14.8%) |
| Vacant Housing Units | 215 ( 2.8%) |
| Median Home Value | $415,654 |
| Average Home Value | $449,540 |
Housing Distribution
Address Breakdown
Residential
8,000
Single Family
7,929
Multi-Family
71
Businesses
499
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A