Trenton, NJ — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

4.1%

Below average

Monthly Cash Flow

-$816

After all expenses

Price-to-Rent

14.1

Investor-friendly

DSCR

0.64

Fails

📊 Key Metrics

Median Home Price: $431,331
Average Rent (3BR): $2,160/mo
Price-to-Rent Ratio: 14.1(good)
1% Rule: 0.59%(fails — need 1%+)
Cash-on-Cash Return: -9.9%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 4.8%(+0.5% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: +0.4% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

2.23%

of assessed value (NJ avg)

Median Income

$89,296

household (NJ avg)

Rent-to-Income

29%

Affordable

Section 8 Max Rent

$2,160/mo

3BR voucher payment

🏛️ NJ Investor Climate

Landlord Friendly

4/10

State Income Tax

Has state tax

Property Tax

2.23% effective

Population Trend

+0.4% (3yr)

🏘️ Best Zip Codes in Trenton for Investors

08611

Cap Rate: 9.1%Cash Flow: +$442/mo$197,259

08609

Cap Rate: 8.2%Cash Flow: +$312/mo$211,648

08629

Cap Rate: 6.3%Cash Flow: -$26/mo$259,413

All Zip Codes in Trenton

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
08611	9.1%	+$442	$197,259	$2,160/mo	1.42
08609	8.2%	+$312	$211,648	$2,120/mo	1.28
08629	6.3%	-$26	$259,413	$2,100/mo	0.98
08618	5.7%	-$167	$270,551	$2,020/mo	0.88
08610	4.4%	-$572	$352,628	$2,200/mo	0.70
08610	4.4%	-$572	$352,628	$2,200/mo	0.70
08619	4.1%	-$816	$431,331	$2,550/mo	0.64
08690	3.5%	-$1,172	$485,382	$2,560/mo	0.55
08691	3.2%	-$1,716	$641,597	$3,180/mo	0.50
08691	3.2%	-$1,716	$641,597	$3,180/mo	0.50
08620	2.5%	-$1,520	$465,245	$1,970/mo	0.39
08620	2.5%	-$1,520	$465,245	$1,970/mo	0.39
08620	2.5%	-$1,520	$465,245	$1,970/mo	0.39