51 Honeyflower DrTrentonNJ08620
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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
Rental property for sale in Trenton at 51 Honeyflower Dr, Trenton, NJ, 08620 offers $3,782/mo rent that, after a $2,442/mo payment, leaves $226/mo cash flow. Total monthly income is $3,782/mo, and annual cash flow is $2,707/yr on $165,419 cash. Return on cash invested measures 21.55% in year one, and rental yield stands at 9.09% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 112.84% and total cumulative return in cash reaches $186,666. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,782/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,912 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08620, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 3,793 (77.0%) |
| Renter Occupied HU | 925 (18.8%) |
| Vacant Housing Units | 209 ( 4.2%) |
| Median Home Value | $392,840 |
| Average Home Value | $444,931 |
Housing Distribution
Address Breakdown
Residential
4,601
Single Family
4,596
Multi-Family
5
Businesses
162
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Listed by: Kevin Kerins • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJBL2098008