69 Lanning St, Ewing, NJ, 08618 | $451/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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69 Lanning St, Ewing, NJ, 08618 | $451/mo Cash Flow | Ziffy

Pending

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 Ewing at 69 Lanning St, Ewing, NJ, 08618 uses $101,108 cash to close to unlock $5,410/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,625/mo, and a $1,493/mo payment keeps the spread at $451/mo. Purchase price stands at $305,000, and rental yield measures 10.33% with $2,625/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 132.76% and total cumulative return in cash records $134,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,625/mo property income covering a $1,493/mo payment rather than investor’s personal income.

Single Family

Built in 1955

9,631 sqft lot

$N/A/sqft

No HOA

More details about the property

>>Multiple Offers, Best and Final due Tuesday August 5th by 5.00 pm, please submit all required paperwork<< Move-in ready, this beautifully renovated Ewing ranch offers modern comfort and style. The stunning kitchen features granite countertops, stainless steel appliances, and tile flooring. Bathrooms (1.5), carpeting, HVAC, hot water heater, roof, electrical, and plumbing systems were all replaced seven years ago. The open-concept layout seamlessly connects the kitchen to the dining and living areas, perfect for entertaining. Situated on a spacious corner lot with convenient side driveway access and idyllic backyard. This home is ideally located near the West Trenton Train Station, Trenton Airport, and major highways including I-295, I-95, and Route 31. Just minutes from The College of New Jersey and the lively Campus Town, you'll also enjoy easy access to popular restaurants, shopping, and more.

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