978 S Broad St, Trenton, NJ, 08611 | $396/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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978 S Broad St, Trenton, NJ, 08611 | $396/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Trenton at 978 S Broad St, Trenton, NJ, 08611 generates $1,779/mo in rent and, after a $950/mo payment, leaves $396/mo in cash flow. Total monthly income is $1,779/mo, and annual cash flow is $4,749/yr on $64,311 invested. Return on cash invested sits at 27.29% in year one, and rental yield is 11% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 143.67% and total cumulative return in cash sums $92,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,779/mo property income rather than buyer’s personal income.

Townhouse

Built in 1920

1,498 sqft lot

$N/A/sqft

No HOA

More details about the property

Fantastic home with great bones! Spacious living room and formal dining room with high ceilings. Wood floors throughout, finished attic and semi-finished, full basement, with separate entry. Private parking spot in the back alleyway. This property would make a nice rental for an investor or a home for a first time buyer. Walking distance to shops, restaurants and stores. Close to public transportation and major highways to Philly and NYC. This handyman special is an as-is, where is sale. Buyer responsible for all inspections, including city CO certificate. Seller does not have knowledge of existing condition. FIRST LOOK PROGRAM: For the first 20 days of listing in the MLS offers can only be accepted from a buyer who will owner occupy the property or a non-profit. Any owner-occupant buyer must sign an affidavit confirming their intent to occupy the property. Expiration of First Look Program 1123/2025.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08611, Trenton, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,816 (100%)
Owner Occupied HU	2,062 (21.0%)
Renter Occupied HU	6,789 (69.2%)
Vacant Housing Units	965 ( 9.8%)
Median Home Value	$121,267
Average Home Value	$239,645