110 Biscayne Ct APT 11, Princeton, NJ, 08540 | 7.95% Rental Yield

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110 Biscayne Ct APT 11, Princeton, NJ, 08540 | 7.95% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Princeton at 110 Biscayne Ct APT 11, Princeton, NJ, 08540 offers a 7.95% rental yield on a $450,000 purchase with $2,982/mo rent. 09% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 94.31% and total cumulative return in cash at $140,682. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,982/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Apartment

Built in 1990

4,304 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 110 Biscayne Ct, Unit #11 in the sought-after Colonnade Pointe community! This beautifully updated 2-bedroom, 2-bath condo is perched on the third floor with a private balcony overlooking the woodsoffering peaceful views and extra privacy compared to units facing the parking lot. Inside, youll find a fresh, modern feel with luxury vinyl plank flooring throughout and a bright open layout. The spacious living room features a cozy fireplace, perfect for relaxing evenings or entertaining guests. The dining area flows seamlessly to the kitchen and out to the balcony, creating the ideal setting for morning coffee or unwinding at sunset. Both bedrooms are generously sized, with the primary suite offering its own full bath and ample closet space. Colonnade Pointe residents enjoy access to a seasonal pool, tennis courts, playgrounds, and scenic walking paths, all while benefiting from the highly rated West Windsor-Plainsboro South School District. The location is unbeatablejust minutes to downtown Princeton, shopping, dining, parks, and major commuter routes including Route 1 and Princeton Junction Train Station. Whether youre a first-time buyer, downsizer, or investor, this move-in ready condo is the perfect entry point into one of the areas most desirable neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08540, Princeton, NJ area.

Housing Distribution

Housing Statistics

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