48 Nassau St APT I, Princeton, NJ, 08542 | 6.92% Rental Yield

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48 Nassau St APT I, Princeton, NJ, 08542 | 6.92% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Princeton at 48 Nassau St APT I, Princeton, NJ, 08542 listed at $570,000 pairs $3,288/mo rent with a $2,790/mo payment. Total monthly income runs $3,288/mo. Return on cash invested measures 15.1% in year one, and rental yield registers 6.92% at a $570,000 basis. Equity gained on principal adds $3,678/yr, and annual property appreciation at 5% supports $157,480 by year five. Five-year ROI tracks 78.25% and total cumulative return in cash totals $146,749. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,288/mo property income relative to a $2,790/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1932

N/A lot

$N/A/sqft

No HOA

More details about the property

Perched on the top floor overlooking the beautiful grounds of Princeton University, this in-town one-bedroom condominium combines historic charm with modern convenience. The inviting living room welcomes you with a decorative fireplace, while the spacious bedroom and timeless black and white bathroom offers comfort and style complete with ample storage space to keep your home organized. With its central location, youll be just steps away from Nassau Street shops, restaurants, cultural attractions and the university campus- all while enjoying the privacy and convenience of condominium living. Whether youre looking for a smart investment, a low maintenance residence, or the perfect pied-a-terre, this unique property captures the best of Princeton living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08542, Princeton, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,662 (100%)
Owner Occupied HU	511 (30.7%)
Renter Occupied HU	933 (56.1%)
Vacant Housing Units	218 (13.1%)
Median Home Value	$844,775
Average Home Value	$891,438