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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Cranbury at 16 Bodine Dr, Cranbury, NJ, 08512 generates $5,157/mo in rent, after a $6,852/mo payment. Total monthly income is $5,157/mo. Return on cash invested sits at 7.53% in year one, and rental yield is 4.42% on a $1,399,995 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation builds toward $386,793 over five years. Five-year ROI reaches 37.64% and total cumulative return in cash sums $170,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,157/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.68 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood data shown for ZIP Code: 08512, Cranbury, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,842 (100%) |
| Owner Occupied HU | 3,010 (62.2%) |
| Renter Occupied HU | 1,571 (32.4%) |
| Vacant Housing Units | 261 ( 5.4%) |
| Median Home Value | $682,263 |
| Average Home Value | $699,679 |
Residential
4,859
Single Family
4,542
Multi-Family
317
Businesses
566
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Listed for sale | $1,399,995 |
| 2025-09-13 | Listing removed | $1,399,999 |
| 2025-08-26 | Price change | $1,399,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-18 | $14165.82 | 1.44% | $772,400 | N/A |
| 2023-09-18 | $13964.99 | 1.46% | $772,400 | N/A |
| 2022-09-18 | $13764.17 | -0.39% | $772,400 | N/A |
Listed by: SIMI KAPOOR • RE/MAX INNOVATION
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2602742R
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