224 King George RdPenningtonNJ08534
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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
Investment property for sale in Pennington at 224 King George Rd, Pennington, NJ, 08534 at $1,050,000 posts ROI 7.99% with from $3,973/mo rent. Total monthly income equals $3,973/mo. Return on cash invested measures 7.99% and rental yield reads 4.54% at the current $1,050,000. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 by year five. Five-year ROI prints 40.06% and total cumulative return in cash totals $136,277. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,973/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
1.18 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: Sarah Strong Drake • Callaway Henderson Sotheby's Int'l-Princeton
Mls Name: Bright MLS
Mls ID: #NJME2063004