








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 106 Palmer Rd, Pennington, NJ, 08534 offers $4,967/mo rent that, after a $4,061/mo payment. Total monthly income is $4,967/mo. Return on cash invested measures 15.9% in year one, and rental yield stands at 7.18% at a $829,800 entry. Equity gained on principal adds $5,355/yr while 5% annual appreciation compounds into $229,258 by year five. Five-year ROI records 82.53% and total cumulative return in cash reaches $225,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,967/mo property income versus a $4,061/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.50 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kimberley D. Witkowski • Home Journey Realty
Mls Name: Bright MLS
Mls ID: #NJME2070366