








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Princeton at 294 Mount Lucas Rd, Princeton, NJ, 08540 generates $5,460/mo in rent, after a $5,873/mo payment. Total monthly income is $5,460/mo. Return on cash invested sits at 10.82% in year one, and rental yield is 5.46% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 55.28% and total cumulative return in cash sums $214,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08540, Princeton, NJ area.
| 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 |
Residential
19,554
Single Family
16,015
Multi-Family
3,539
Businesses
1,765
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Li (Lily) Ling • Realmart Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJME2070438