








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


Investment property for sale in Princeton at 37A Melrose Ct UNIT A, Princeton, NJ, 08540 uses $185,885 cash to close to unlock $6,398/yr annual cash flow and $533/mo monthly cash flow. Total monthly income runs $4,560/mo, and a $2,765/mo payment keeps the spread at $533/mo. Purchase price stands at $565,000, and rental yield measures 9.68% with $4,560/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 123.34% and total cumulative return in cash records $229,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,560/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
4,008 sqft 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: Denise Varga • Weichert Realtors - Princeton
Mls Name: Bright MLS
Mls ID: #NJSO2004614