248 Hawthorne AvePrincetonNJ08540
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 Princeton at 248 Hawthorne Ave, Princeton, NJ, 08540 earns from $5,266/mo rent with a $4,890/mo payment. Total monthly income totals $5,266/mo. ROI tracks 13.29% on current figures, and rental yield reads 6.33% at a $999,000 purchase. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $276,005 over five years. Five-year ROI reaches 68.53% and total cumulative return in cash sums $225,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,266/mo property income instead of your personal income.
Single Family
Built in 1929
8,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08540, Princeton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,655 (100%) |
| Owner Occupied HU | 11,699 (59.5%) |
| Renter Occupied HU | 6,342 (32.3%) |
| Vacant Housing Units | 1,614 ( 8.2%) |
| Median Home Value | $777,258 |
| Average Home Value | $905,260 |
Housing Distribution
Address Breakdown
Residential
19,554
Single Family
16,015
Multi-Family
3,539
Businesses
1,765
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Listed by: Jud Henderson • Callaway Henderson Sotheby's Int'l-Princeton
Mls Name: Bright MLS
Mls ID: #NJME2065932