17 Griffin LaneCranburyNJ08512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cranbury at 17 Griffin Lane, Cranbury, NJ, 08512 priced at $940,530 pairs $2,700/mo rent with after a $4,603/mo payment. Total monthly income equals $2,700/mo. Return on cash invested is 4.53% in year one, and rental yield stands at 3.44% on a $940,530 basis. Equity gained on principal adds $6,069/yr, and 5% annual appreciation accumulates to $259,851 by year five. Five-year ROI measures 21.61% and total cumulative return in cash reaches $66,856. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $4,603/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08512, Cranbury, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,542
Multi-Family
317
Businesses
566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra A Glatz • Lennar Sales Corp.
Mls Name: MoreMLS
Mls ID: #22535701