23 Taft CtPrincetonNJ08540
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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 Princeton at 23 Taft Ct, Princeton, NJ, 08540 with 5% annual appreciation on a $638,000 basis while $4,560/mo rent supports operations. Total monthly income totals $4,560/mo and a $3,123/mo payment preserves $12/mo for cash returns. Annual cash flow comes to $146/yr on $209,902 deployed, and return on cash invested reaches 20.13% in year one. Equity gained on principal adds $4,117/yr, and five-year appreciation sums $176,268 alongside rental yield of 8.58%. Five-year ROI measures 105.26% and total cumulative return in cash totals $220,934.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,560/mo property income versus a $3,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1997
2,178 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: Matthew Tyler Curiale • Re/Max First Realty
Mls Name: GSMLS
Mls ID: #3982604