39 Garfield WayPrincetonNJ08540
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 Princeton at 39 Garfield Way, Princeton, NJ, 08540 priced at $638,000 pairs $4,560/mo rent with $12/mo cash flow after a $3,123/mo payment. Total monthly income equals $4,560/mo, and annual cash flow comes to $146/yr on $209,902 invested. Return on cash invested is 20.13% in year one, and rental yield stands at 8.58% on a $638,000 basis. Equity gained on principal adds $4,117/yr, and 5% annual appreciation accumulates to $176,268 by year five. Five-year ROI measures 105.26% and total cumulative return in cash reaches $220,934. For financing, Ziffy Mortgage’s DSCR program evaluates $4,560/mo property income against a $3,123/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1999
2,047 sqft lot
$N/A/sqft
No 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: Donna Murray • BHHS Fox & Roach - Princeton
Mls Name: Bright MLS
Mls ID: #NJSO2004714