52 E Cartwright DrPrinceton JunctionNJ08550
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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 Princeton Junction at 52 E Cartwright Dr, Princeton Junction, NJ, 08550 offers a 7.2% rental yield on a $1,150,000 purchase with $6,900/mo rent. 19% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 84.07% and total cumulative return in cash at $313,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,900/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.99 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: Teresa Cunningham • BHHS Fox & Roach - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2059680