35 Billie Ellis LnPrincetonNJ08540
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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 Princeton at 35 Billie Ellis Ln, Princeton, NJ, 08540 priced at $113,031 pairs $851/mo rent with after a $553/mo payment. Total monthly income equals $851/mo. Return on cash invested is 16.08% in year one, and rental yield stands at 9.03% on a $113,031 basis. Equity gained on principal adds $729/yr, and 5% annual appreciation accumulates to $31,228 by year five. Five-year ROI measures 85.58% and total cumulative return in cash reaches $32,067. For financing, Ziffy Mortgage’s DSCR program evaluates $851/mo property income against a $553/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
$165 monthly 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: N/A • N/A
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Mls ID: #N/A