20 Hunters Ridge DrPenningtonNJ08534
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 Pennington at 20 Hunters Ridge Dr, Pennington, NJ, 08534 offers $6,187/mo rent that, after a $6,240/mo payment. Total monthly income is $6,187/mo. Return on cash invested measures 11.94% in year one, and rental yield stands at 5.82% at a $1,275,000 entry. Equity gained on principal adds $8,227/yr while 5% annual appreciation compounds into $352,259 by year five. Five-year ROI records 61.3% and total cumulative return in cash reaches $253,226. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,187/mo property income versus a $6,240/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08534, Pennington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,297 (100%) |
| Owner Occupied HU | 4,071 (76.9%) |
| Renter Occupied HU | 830 (15.7%) |
| Vacant Housing Units | 396 ( 7.5%) |
| Median Home Value | $647,239 |
| Average Home Value | $688,336 |
Housing Distribution
Address Breakdown
Residential
5,033
Single Family
4,781
Multi-Family
252
Businesses
706
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Nearby investment properties with comparable prices
Listed by: Amy Granato • Callaway Henderson Sotheby's Int'l-Princeton
Mls Name: Bright MLS
Mls ID: #NJME2064838