16 Tanner DrPrincetonNJ08540
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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
Total monthly income runs $4,794/mo, and a $4,547/mo payment. Purchase price stands at $929,000, and rental yield measures 6.19% with $4,794/mo rent. Return on cash invested shows 12.88% in year one, and 5% annual appreciation builds toward $256,666 over five years. Five-year ROI reaches 66.38% and total cumulative return in cash records $202,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,794/mo property income covering a $4,547/mo payment rather than investor’s personal income.
Single Family
Built in 2000
8,808 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: Vani-Vandana Uppal • BHHS Fox & Roach - Princeton
Mls Name: Bright MLS
Mls ID: #NJMX2010524