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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 1004 Mercer Rd, Princeton, NJ, 08540 generates $6,127/mo in rent, after a $5,869/mo payment. Total monthly income is $6,127/mo. Return on cash invested sits at 12.9% in year one, and rental yield is 6.13% on a $1,199,200 entry. Equity gained on principal adds $7,738/yr, while 5% annual appreciation builds toward $331,317 over five years. Five-year ROI reaches 66.39% and total cumulative return in cash sums $257,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,127/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
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 |
|---|---|---|
| 2025-07-14 | Listing removed | $1,230,000 |
| 2025-06-09 | Listed for sale | $1,230,000 |
| 2025-05-13 | Listed for rent | $6,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $14289.66 | 1.93% | $536,600 | -6.65% |
| 2023-10-15 | $14019.37 | N/A | $574,800 | N/A |
| 2022-10-15 | $14019.37 | 0.79% | $574,800 | N/A |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
