7 Boone Ave, Ewing, NJ, 08618 | $119/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Boone Ave, Ewing, NJ, 08618 | $119/mo Cash Flow | 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

Rental property for sale in Ewing at 7 Boone Ave, Ewing, NJ, 08618 priced at $420,000 converts $3,113/mo rent into $119/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,113/mo, and annual cash flow totals $1,428/yr on $139,230 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 8.89% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 109.56% and total cumulative return in cash sums $152,539. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,113/mo property income covering a $2,056/mo payment, not borrower’s personal income.

Single Family

Built in 1951

7,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 7 Boone Ave. Where modern design meets total transformation. This fully renovated 4-bedroom, 2-bath home feels brand new from top to bottom. Every inch has been reimagined with todays homeowner in mind. Offering the perfect blend of style, comfort, and efficiency. Step inside to find bright living spaces with brand-new flooring, recessed lighting, and large windows that flood the home with natural light. The kitchen features sleek white cabinetry, quartz countertops, and stainless steel appliances. Both bathrooms have been completely redone. The home includes four spacious bedrooms with ample closet space and newly installed HVAC, plumbing, electrical, windows, and roof. Giving peace of mind for years to come. Outside, enjoy a freshly landscaped yard and a private backyard perfect for entertaining or relaxing. Every system from the heating and cooling to the hot water heater and insulation, has been upgraded to high-efficiency standards, helping you save on energy while staying comfortable year-round. This is truly as close to new construction as you can get, without the new-build price tag. Conveniently located near shopping, schools, restaurants, and commuter routes. This home is a turn-key opportunity you dont want to miss.

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