246 Brinley 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
Rental property for sale in Pennington at 246 Brinley Dr, Pennington, NJ, 08534 priced at $545,000 pairs $3,294/mo rent with after a $2,668/mo payment. Total monthly income equals $3,294/mo. Return on cash invested is 16.1% in year one, and rental yield stands at 7.25% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 83.64% and total cumulative return in cash reaches $149,976. For financing, Ziffy Mortgage’s DSCR program evaluates $3,294/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2004
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: Aruna Mota • Keller Williams Real Estate - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2071270