93 Elton AveHamiltonNJ08620
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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 Hamilton at 93 Elton Ave, Hamilton, NJ, 08620 earns from $3,245/mo rent with a $2,593/mo payment. Total monthly income totals $3,245/mo. ROI tracks 16.4% on current figures, and rental yield reads 7.35% at a $529,745 purchase. Equity gained on principal adds $3,418/yr, and 5% annual appreciation supports $146,359 over five years. Five-year ROI reaches 85.25% and total cumulative return in cash sums $148,582. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,245/mo property income instead of your personal income.
Single Family
Built in 1961
7,270 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08620, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 3,793 (77.0%) |
| Renter Occupied HU | 925 (18.8%) |
| Vacant Housing Units | 209 ( 4.2%) |
| Median Home Value | $392,840 |
| Average Home Value | $444,931 |
Housing Distribution
Address Breakdown
Residential
4,601
Single Family
4,596
Multi-Family
5
Businesses
162
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Listed by: Joan George • RE/MAX Tri County
Mls Name: Bright MLS
Mls ID: #NJME2070708