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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 501 Somerset Ct, Princeton, NJ, 08540 uses $213,850 cash to close to unlock $10,336/yr annual cash flow and $861/mo monthly cash flow. Total monthly income runs $5,494/mo, and a $3,181/mo payment keeps the spread at $861/mo. Purchase price stands at $650,000, and rental yield measures 10.14% with $5,494/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 130.78% and total cumulative return in cash records $279,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,494/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
N/A 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 |
|---|---|---|
| 2024-08-26 | Price change | $650,000 |
| 2024-08-17 | Listed for sale | $675,000 |
| 1998-05-26 | Sold | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $10071.75 | 3.07% | $195,000 | N/A |
| 2022-10-15 | $9771.45 | 0.42% | $195,000 | N/A |
| 2021-10-15 | $9730.50 | -2.90% | $195,000 | N/A |
Listed by: Josefino Huerta • RE/MAX DIAMOND, REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2501746R
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