1216 Aspen DrPlainsboroNJ08536
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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 Plainsboro at 1216 Aspen Dr, Plainsboro, NJ, 08536 earns $118/mo cash flow from $2,891/mo rent with a $1,904/mo payment. Total monthly income totals $2,891/mo, and annual cash flow totals $1,419/yr on $128,954 capital. ROI tracks 21.01% on current figures, and rental yield reads 8.92% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 109.99% and total cumulative return in cash sums $141,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,891/mo property income instead of your personal income.
Condo
Built in 1985
N/A 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: MARIA SHCHELKOVA • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2605825R