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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 Pennington at 103 Ada Hightower Ave, Pennington, NJ, 08534 priced at $741,090 converts $4,769/mo rent into after a $3,627/mo obligation. Total monthly income equals $4,769/mo. Return on cash invested prints 17.53% in year one, and rental yield reads 7.72% against a $741,090 entry. Equity gained on principal adds $4,782/yr, while 5% annual appreciation compiles into $204,750 by year five. Five-year ROI reaches 91.31% and total cumulative return in cash sums $222,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,769/mo property income covering a $3,627/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08534, Pennington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,297 (100%) |
| Owner Occupied HU | 4,071 (76.9%) |
| Renter Occupied HU | 830 (15.7%) |
| Vacant Housing Units | 396 ( 7.5%) |
| Median Home Value | $647,239 |
| Average Home Value | $688,336 |
Residential
5,033
Single Family
4,781
Multi-Family
252
Businesses
706
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $741,090 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A
