921 Carteret AveTrentonNJ08618
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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 Trenton at 921 Carteret Ave, Trenton, NJ, 08618 uses $87,848 cash to close to unlock $2,702/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $2,114/mo, and a $1,297/mo payment keeps the spread at $225/mo. Purchase price stands at $265,000, and rental yield measures 9.57% with $2,114/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 120.62% and total cumulative return in cash records $105,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,114/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1897
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08618, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,741 (100%) |
| Owner Occupied HU | 5,649 (35.9%) |
| Renter Occupied HU | 8,035 (51.0%) |
| Vacant Housing Units | 2,057 (13.1%) |
| Median Home Value | $244,052 |
| Average Home Value | $307,479 |
Housing Distribution
Address Breakdown
Residential
14,218
Single Family
11,289
Multi-Family
2,929
Businesses
565
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Listed by: Kara Cabrera • Capc Brokerage Llc
Mls Name: GSMLS
Mls ID: #4001838