5104 Mary Ashby WayPenningtonNJ08534
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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
Rental property for sale in Pennington at 5104 Mary Ashby Way, Pennington, NJ, 08534 generates $3,402/mo in rent and, after a $2,201/mo payment, leaves $197/mo in cash flow. Total monthly income is $3,402/mo, and annual cash flow is $2,360/yr on $149,076 invested. Return on cash invested sits at 21.49% in year one, and rental yield is 9.08% on a $449,700 entry. Equity gained on principal adds $2,902/yr, while 5% annual appreciation builds toward $124,244 over five years. Five-year ROI reaches 112.56% and total cumulative return in cash sums $167,804. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,402/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08534, Pennington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,297 (100%) |
| Owner Occupied HU | 4,071 (76.9%) |
| Renter Occupied HU | 830 (15.7%) |
| Vacant Housing Units | 396 ( 7.5%) |
| Median Home Value | $647,239 |
| Average Home Value | $688,336 |
Housing Distribution
Address Breakdown
Residential
5,033
Single Family
4,781
Multi-Family
252
Businesses
706
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Listed by: Danielle Spilatore • Callaway Henderson Sotheby's Int'l-Princeton
Mls Name: Bright MLS
Mls ID: #NJME2072288