








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 3 Lehigh Ct, Princeton, NJ, 08540 offers $5,998/mo rent that, after a $4,332/mo payment. Total monthly income is $5,998/mo. Return on cash invested measures 18.68% in year one, and rental yield stands at 8.13% at a $885,000 entry. Equity gained on principal adds $5,711/yr while 5% annual appreciation compounds into $244,509 by year five. Five-year ROI records 97.48% and total cumulative return in cash reaches $283,842. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,998/mo property income versus a $4,332/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
9,147 sqft lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2025-03-23 | Listed for sale | $885,000 |
| 1995-02-21 | Sold | $233,491 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $14898.29 | -1.37% | $441,300 | N/A |
| 2023-03-24 | $15105.70 | 7.14% | $441,300 | N/A |
| 2022-03-24 | $14099.54 | N/A | $441,300 | N/A |



Listed by: Michelle Blane • Callaway Henderson Sotheby's Ir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3952259
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