24 Scott AvePrinceton JunctionNJ08550
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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 Junction at 24 Scott Ave, Princeton Junction, NJ, 08550 listed at $599,000 pairs $4,680/mo rent with a $2,932/mo payment to leave $410/mo cash flow. Total monthly income runs $4,680/mo, and annual cash flow reaches $4,923/yr on $197,071 cash to close. Return on cash invested measures 22.56% in year one, and rental yield registers 9.38% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 118.27% and total cumulative return in cash totals $233,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,680/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08550, Princeton Junction, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,680 (100%) |
| Owner Occupied HU | 5,827 (75.9%) |
| Renter Occupied HU | 1,577 (20.5%) |
| Vacant Housing Units | 276 ( 3.6%) |
| Median Home Value | $775,870 |
| Average Home Value | $780,928 |
Housing Distribution
Address Breakdown
Residential
7,294
Single Family
6,246
Multi-Family
1,048
Businesses
455
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Listed by: Donna Lucarelli • Keller Williams Real Estate - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2070804