29 Pennington RdEast WindsorNJ08520
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
Rental property for sale in East Windsor at 29 Pennington Rd, East Windsor, NJ, 08520 generates $4,498/mo in rent and, after a $2,932/mo payment, leaves $228/mo in cash flow. Total monthly income is $4,498/mo, and annual cash flow is $2,739/yr on $197,071 invested. Return on cash invested sits at 21.45% in year one, and rental yield is 9.01% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 112.33% and total cumulative return in cash sums $221,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,498/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
8,198 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Housing Distribution
Address Breakdown
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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Listed by: Donna Moskowitz • Keller Williams Premier
Mls Name: Bright MLS
Mls ID: #NJME2071100