760 Centre StTrentonNJ08611
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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
Rental property for sale in Trenton at 760 Centre St, Trenton, NJ, 08611 priced at $245,000 pairs $1,850/mo rent with $104/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,850/mo, and annual cash flow comes to $1,246/yr on $81,218 invested. Return on cash invested is 21.44% in year one, and rental yield stands at 9.06% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 112.31% and total cumulative return in cash reaches $91,212. For financing, Ziffy Mortgage’s DSCR program evaluates $1,850/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1887
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08611, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,062 (21.0%) |
| Renter Occupied HU | 6,789 (69.2%) |
| Vacant Housing Units | 965 ( 9.8%) |
| Median Home Value | $121,267 |
| Average Home Value | $239,645 |
Housing Distribution
Address Breakdown
Residential
8,670
Single Family
7,550
Multi-Family
1,120
Businesses
605
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Listed by: John Natale • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJME2071070