847 E State StTrentonNJ08609
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 847 E State St, Trenton, NJ, 08609 in Trenton speaks for itself: 16.97% gross on a $229,000 price, generating $3,239/mo in rent and $1,607/mo in net income after the $1,030/mo debt service. DSCR 3.14, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,278 stacks alongside $63,268 in projected five-year appreciation and $2,109/yr in principal reduction. Projected total cumulative return: $191,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 6.8% |
| Monthly Cash Flow | $1,607 | $1,850 |
City averages based on Trenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,239 |
| Total Monthly Debt Service | $1,541 |
| DSCR Ratio | 2.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1886
3,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08609, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 1,318 (23.4%) |
| Renter Occupied HU | 3,689 (65.5%) |
| Vacant Housing Units | 626 (11.1%) |
| Median Home Value | $123,052 |
| Average Home Value | $288,171 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,110
Multi-Family
700
Businesses
352
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
Townhouse
Built in 1886
3,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08609, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 1,318 (23.4%) |
| Renter Occupied HU | 3,689 (65.5%) |
| Vacant Housing Units | 626 (11.1%) |
| Median Home Value | $123,052 |
| Average Home Value | $288,171 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,110
Multi-Family
700
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices