902 Ohio AveTrentonNJ08638
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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
Total monthly income runs $2,039/mo, and a $1,953/mo payment. Purchase price stands at $399,000, and rental yield measures 6.13% with $2,039/mo rent. Return on cash invested shows 12.6% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 64.9% and total cumulative return in cash records $85,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,039/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08638, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,122 (100%) |
| Owner Occupied HU | 4,725 (46.7%) |
| Renter Occupied HU | 3,964 (39.2%) |
| Vacant Housing Units | 1,433 (14.2%) |
| Median Home Value | $263,443 |
| Average Home Value | $319,958 |
Housing Distribution
Address Breakdown
Residential
9,515
Single Family
8,916
Multi-Family
599
Businesses
945
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Listed by: Diomaris Rosado Rosario • Keller Williams Premier
Mls Name: Bright MLS
Mls ID: #NJME2065416