480 S Logan AveTrentonNJ08629
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 Trenton at 480 S Logan Ave, Trenton, NJ, 08629 generates $1,703/mo in rent and, after a $807/mo payment, leaves $528/mo in cash flow. Total monthly income is $1,703/mo, and annual cash flow is $6,333/yr on $54,664 invested. Return on cash invested sits at 31.49% in year one, and rental yield is 12.39% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 166.21% and total cumulative return in cash sums $90,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,703/mo property income rather than buyer’s personal income.
Townhouse
Built in 1916
1,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08629, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,117 (47.0%) |
| Renter Occupied HU | 2,120 (47.1%) |
| Vacant Housing Units | 268 ( 5.9%) |
| Median Home Value | $184,327 |
| Average Home Value | $359,217 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,990
Multi-Family
17
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald Schulte • Action USA Jay Robert Realtors
Mls Name: Bright MLS
Mls ID: #NJME2069960