515 Ridge Ave, Hamilton, NJ, 08610 | 7.79% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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515 Ridge Ave, Hamilton, NJ, 08610 | 7.79% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hamilton at 515 Ridge Ave, Hamilton, NJ, 08610 with 5% annual appreciation on a $475,000 basis while $3,082/mo rent supports operations. 59% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 7.79%. Five-year ROI measures 91.68% and total cumulative return in cash totals $144,367. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,082/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2012

7,035 sqft lot

$N/A/sqft

No HOA

More details about the property

Built in 2012 and nicely updated 4 bedroom home in Hamilton Township, New Jersey. Move right in to this 100% turn-key home and take advantage of over 2,000 square feet of living space. You first step onto the front porch to enter into the main level. The front foyer has a convenient coat closet and opens to the main living space with double window. The updated engineered floors lead thru to the dining space and upgraded kitchen space with new smart refrigerator and peninsula prep space. This room also has a sliding back door which leads out to the flat, level, and fully-fenced backyard space. The kitchen also flows into a secondary flex space that can be used as a family room, formal dining room, dedicated office, or anything a new owner could need. This side of the home also contains the half bathroom, separate laundry room, and a side door into the yard. Upstairs features a full master suite including walk-in closet and full attached bathroom, 3 additional bedrooms, and a second full bathroom. The home's full unfinished basement solves all storage needs and can even be finished into additional bonus space. This 13-year-old construction gives all modern amenities such as central air conditioning, natural gas forced-hot-air heating, dedicated off-street parking, and full ease of maintenance. Fantastic location in Hamilton Township with easy access to major roadways and public transportation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08610, Trenton, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,084 (100%)
Owner Occupied HU	7,937 (60.7%)
Renter Occupied HU	4,527 (34.6%)
Vacant Housing Units	620 ( 4.7%)
Median Home Value	$299,122
Average Home Value	$335,942