2304 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
Investment property for sale in Pennington at 2304 Prince Hall Dr, Pennington, NJ, 08534 uses $149,768 cash to close to unlock $13,920/yr annual cash flow and $1,160/mo monthly cash flow. Total monthly income runs $4,380/mo, and a $2,211/mo payment keeps the spread at $1,160/mo. Purchase price stands at $451,790, and rental yield measures 11.63% with $4,380/mo rent. Return on cash invested shows 29.2% in year one, and 5% annual appreciation builds toward $124,821 over five years. Five-year ROI reaches 153.9% and total cumulative return in cash records $230,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,380/mo property income covering a $2,211/mo payment rather than investor’s personal income.
Townhouse
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: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A