632 Timberlake DrEwingNJ08618
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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 Ewing at 632 Timberlake Dr, Ewing, NJ, 08618 offers a 15.96% rental yield on a $171,250 purchase with $2,278/mo rent. Total monthly income registers $2,278/mo, and a $838/mo payment leaves $1,058/mo available for distribution. Annual cash flow reaches $12,690/yr on $56,769 to close, and return on cash invested stands at 42.26% in year one. Equity gained on principal adds $1,105/yr while 5% annual appreciation supports $47,313 over five years. Portfolio math shows five-year ROI at 223.99% and total cumulative return in cash at $127,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,278/mo property income against a $838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08618, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,741 (100%) |
| Owner Occupied HU | 5,649 (35.9%) |
| Renter Occupied HU | 8,035 (51.0%) |
| Vacant Housing Units | 2,057 (13.1%) |
| Median Home Value | $244,052 |
| Average Home Value | $307,479 |
Housing Distribution
Address Breakdown
Residential
14,218
Single Family
11,289
Multi-Family
2,929
Businesses
565
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Listed by: Dewey Nami • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJME2070728