7 Corral DrHamiltonNJ08620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hamilton at 7 Corral Dr, Hamilton, NJ, 08620 listed at $599,900 pairs $4,969/mo rent with a $2,936/mo payment to leave $693/mo cash flow. Total monthly income runs $4,969/mo, and annual cash flow reaches $8,319/yr on $197,367 cash to close. Return on cash invested measures 24.28% in year one, and rental yield registers 9.94% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 127.48% and total cumulative return in cash totals $251,596. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,969/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
0.79 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Schiavone • CB Schiavone & Associates
Mls Name: Bright MLS
Mls ID: #NJME2065218