24 Haymarket CtCranburyNJ08512
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
Investment property for sale in Cranbury at 24 Haymarket Ct, Cranbury, NJ, 08512 listed at $550,000 pairs $3,418/mo rent with a $2,692/mo payment. Total monthly income runs $3,418/mo. Return on cash invested measures 16.73% in year one, and rental yield registers 7.46% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 87% and total cumulative return in cash totals $157,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,418/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1995
3,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08512, Cranbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,842 (100%) |
| Owner Occupied HU | 3,010 (62.2%) |
| Renter Occupied HU | 1,571 (32.4%) |
| Vacant Housing Units | 261 ( 5.4%) |
| Median Home Value | $682,263 |
| Average Home Value | $699,679 |
Housing Distribution
Address Breakdown
Residential
4,859
Single Family
4,542
Multi-Family
317
Businesses
566
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Listed by: Dawn Monsport • Keller Williams Real Estate - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2069012