12E Andover CirPrincetonNJ08540
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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 Princeton at 12E Andover Cir, Princeton, NJ, 08540 uses $174,041 cash to close to unlock $3,943/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $4,099/mo, and a $2,589/mo payment keeps the spread at $329/mo. Purchase price stands at $529,000, and rental yield measures 9.3% with $4,099/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 117.02% and total cumulative return in cash records $203,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,099/mo property income covering a $2,589/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
2,613 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,554
Single Family
16,015
Multi-Family
3,539
Businesses
1,765
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Listed by: Benjamin Laub • Foremost Realty Group Llc
Mls Name: GSMLS
Mls ID: #3972941