43 Wallace RdPrinceton JunctionNJ08550
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
Investment property for sale in Princeton Junction at 43 Wallace Rd, Princeton Junction, NJ, 08550 uses $239,841 cash to close to unlock $20,447/yr annual cash flow and $1,704/mo monthly cash flow. Total monthly income runs $6,900/mo, and a $3,568/mo payment keeps the spread at $1,704/mo. Purchase price stands at $729,000, and rental yield measures 11.36% with $6,900/mo rent. Return on cash invested shows 28.59% in year one, and 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 150.56% and total cumulative return in cash records $361,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,900/mo property income covering a $3,568/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08550, Princeton Junction, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,680 (100%) |
| Owner Occupied HU | 5,827 (75.9%) |
| Renter Occupied HU | 1,577 (20.5%) |
| Vacant Housing Units | 276 ( 3.6%) |
| Median Home Value | $775,870 |
| Average Home Value | $780,928 |
Housing Distribution
Address Breakdown
Residential
7,294
Single Family
6,246
Multi-Family
1,048
Businesses
455
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Listed by: JANET Chen • BHHS Fox & Roach - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2065220