117 Fred Clark DrPenningtonNJ08534
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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
Investment Highlights
Investment property for sale in Pennington at 117 Fred Clark Dr, Pennington, NJ, 08534 at $717,990 posts ROI 16.31% with from $4,380/mo rent. Total monthly income equals $4,380/mo. Return on cash invested measures 16.31% and rental yield reads 7.32% at the current $717,990. Equity gained on principal adds $4,633/yr, and 5% annual appreciation supports $198,367 by year five. Five-year ROI prints 84.77% and total cumulative return in cash totals $200,244. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,380/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08534, Pennington, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,033
Single Family
4,781
Multi-Family
252
Businesses
706
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Listed by: Debra Glatz • Lennar Sales Corp New Jersey
Mls Name: Bright MLS
Mls ID: #NJME2067028