8 Knox CtLawrence TownshipNJ08648
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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 Lawrence Township at 8 Knox Ct, Lawrence Township, NJ, 08648 offers a 6.38% rental yield on a $948,000 purchase with $5,040/mo rent. 45% in year one. Equity gained on principal adds $6,117/yr while 5% annual appreciation supports $261,915 over five years. Portfolio math shows five-year ROI at 69.43% and total cumulative return in cash at $216,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,040/mo property income against a $4,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08648, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,031 (100%) |
| Owner Occupied HU | 7,958 (61.1%) |
| Renter Occupied HU | 4,397 (33.7%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $471,687 |
| Average Home Value | $498,738 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
11,866
Multi-Family
672
Businesses
1,080
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Listed by: Donna Murray • BHHS Fox & Roach - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2064960