402 Prince StBordentownNJ08505
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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
Investment property for sale in Bordentown at 402 Prince St, Bordentown, NJ, 08505 at $249,000 posts ROI 18.24% with from $1,660/mo rent. Total monthly income equals $1,660/mo. Return on cash invested measures 18.24% and rental yield reads 8% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 95.09% and total cumulative return in cash totals $78,488. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,660/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1831
2,657 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
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Listed by: Wendy Kreifels • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJBL2102128