9 Hanover CtBordentownNJ08505
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 Bordentown at 9 Hanover Ct, Bordentown, NJ, 08505 at $334,900 posts ROI 24.72% with $445/mo cash flow from $2,832/mo rent. Total monthly income equals $2,832/mo, and annual cash flow records $5,341/yr on $111,019 to close. Return on cash invested measures 24.72% and rental yield reads 10.15% at the current $334,900. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 by year five. Five-year ROI prints 129.91% and total cumulative return in cash totals $144,229.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,832/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
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Listed by: Bill Perilli • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJBL2103094