2106 Prince Hall DrPenningtonNJ08534
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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 Pennington at 2106 Prince Hall Dr, Pennington, NJ, 08534 priced at $421,690 converts $2,661/mo rent into after a $2,064/mo obligation. Total monthly income equals $2,661/mo. Return on cash invested prints 16.95% in year one, and rental yield reads 7.57% against a $421,690 entry. Equity gained on principal adds $2,721/yr, while 5% annual appreciation compiles into $116,505 by year five. Five-year ROI reaches 88.23% and total cumulative return in cash sums $123,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,661/mo property income covering a $2,064/mo payment, not borrower’s personal income.
Condo
Built in 2025
N/A 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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Listed by: Debra Glatz • Lennar Sales Corp New Jersey
Mls Name: Bright MLS
Mls ID: #NJME2071812