2434 Old Stone Mill DrCranburyNJ08512
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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 Cranbury at 2434 Old Stone Mill Dr, Cranbury, NJ, 08512 earns $503/mo cash flow from $2,783/mo rent with a $1,566/mo payment. Total monthly income totals $2,783/mo, and annual cash flow totals $6,031/yr on $106,047 capital. ROI tracks 25.6% on current figures, and rental yield reads 10.44% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash sums $142,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,783/mo property income instead of your personal income.
Condo
Built in 1982
N/A 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: ROSEMARY COLAMESTA • WEICHERT SOUTH JERSEY INC
Mls Name: All Jersey MLS
Mls ID: #2606611R