108 Aspen DrPlainsboroNJ08536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Plainsboro at 108 Aspen Dr, Plainsboro, NJ, 08536 priced at $398,888 converts $2,926/mo rent into $83/mo cash flow after a $1,952/mo obligation. Total monthly income equals $2,926/mo, and annual cash flow totals $998/yr on $132,231 invested. Return on cash invested prints 20.66% in year one, and rental yield reads 8.8% against a $398,888 entry. Equity gained on principal adds $2,574/yr, while 5% annual appreciation compiles into $110,205 by year five. Five-year ROI reaches 108.14% and total cumulative return in cash sums $142,995. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,926/mo property income covering a $1,952/mo payment, not borrower’s personal income.
Condo
Built in 1985
553.21 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08536, Plainsboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,816 (100%) |
| Owner Occupied HU | 3,651 (41.4%) |
| Renter Occupied HU | 4,764 (54.0%) |
| Vacant Housing Units | 401 ( 4.5%) |
| Median Home Value | $665,500 |
| Average Home Value | $690,867 |
Housing Distribution
Address Breakdown
Residential
8,687
Single Family
8,558
Multi-Family
129
Businesses
366
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Listed by: ELLEN V. ABERNATHY • GINGERBREAD HOUSE REAL ESTATE
Mls Name: All Jersey MLS
Mls ID: #2661081M