144 Penn Hopewell RdHopewellNJ08525
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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
Rental property for sale in Hopewell at 144 Penn Hopewell Rd, Hopewell, NJ, 08525 generates $3,180/mo in rent, after a $2,667/mo payment. Total monthly income is $3,180/mo. Return on cash invested sits at 15.35% in year one, and rental yield is 7% on a $544,900 entry. Equity gained on principal adds $3,516/yr, while 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 79.61% and total cumulative return in cash sums $142,721. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08525, Hopewell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,598 (79.9%) |
| Renter Occupied HU | 310 (15.5%) |
| Vacant Housing Units | 93 ( 4.6%) |
| Median Home Value | $625,000 |
| Average Home Value | $653,833 |
Housing Distribution
Address Breakdown
Residential
1,934
Single Family
1,934
Multi-Family
0
Businesses
211
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Listed by: Miklos Foltiny • Keller Williams Real Estate - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2069146