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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Princeton at 1 Cranberry Ct, Princeton, NJ, 08540 priced at $799,900 pairs $3,333/mo rent with after a $3,915/mo payment. Total monthly income equals $3,333/mo. Return on cash invested is 9.26% in year one, and rental yield stands at 5% on a $799,900 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $220,998 by year five. Five-year ROI measures 46.95% and total cumulative return in cash reaches $123,552. For financing, Ziffy Mortgage’s DSCR program evaluates $3,333/mo property income against a $3,915/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08540, Princeton, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,655 (100%) |
| Owner Occupied HU | 11,699 (59.5%) |
| Renter Occupied HU | 6,342 (32.3%) |
| Vacant Housing Units | 1,614 ( 8.2%) |
| Median Home Value | $777,258 |
| Average Home Value | $905,260 |
Residential
19,554
Single Family
16,015
Multi-Family
3,539
Businesses
1,765
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dawn Petrozzini • RE/MAX Preferred Professional-Hillsborough
Mls Name: Bright MLS
Mls ID: #NJMX2009848
