54 Manor Dr, Princeton, NJ, 08540 | 6.71% Rental Yield

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54 Manor Dr, Princeton, NJ, 08540 | 6.71% Rental Yield | Ziffy

For Sale

Fix & Flip

Motivated Seller

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

Rental property for sale in Princeton at 54 Manor Dr, Princeton, NJ, 08540 generates $3,576/mo in rent, after a $3,132/mo payment. Total monthly income is $3,576/mo. Return on cash invested sits at 14.44% in year one, and rental yield is 6.71% on a $639,990 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation builds toward $176,817 over five years. Five-year ROI reaches 74.75% and total cumulative return in cash sums $157,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,576/mo property income rather than buyer’s personal income.

Townhouse

Built in 1986

2,221 sqft lot

$N/A/sqft

No HOA

More details about the property

Upgraded three bedroom one car garage townhouse with finished basement available in Manors drive community. Nice hardwood floor in dining and family room area. Kitchen has newer vinyl flooring. Kitchen has upgraded stainless steel appliances, granite countertops, tiles backsplash etc. Kitchen has sliding door opening to nice maintenance free recently upgraded Trex deck. Backyard is very nice with nice deck, vegetable garden and open private space. This backyard is major attraction for the house. Family room has recess lighting and fireplace. Upstairs there are three bedrooms and two full bath rooms. master bedroom is very spacious with enough space for office table. Master bedroom closet is spacious. Master bathroom has upgraded vanity flooring etc. Most of the windows in the house is replaced. Two other bedrooms are also decent space. Second bathroom is fully upgraded with upgraded vanity, shower etc. There is a finished basement excellent to be used as a media room or entertainment. There are enough storage spaces in the basement. The A/C, Furnace also replaced before. Brick type wall in the basement creates nice attractive look for entertaining. Excellent Montgomery school district. House is located in a cul-di-sac location with extra parking spaces. This house has lots of upgrades inside and very nice backyard for relaxing. Priced to sell. Bring all offers. Agent Remarks: Use Showingtime online for appointments.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08540, Princeton, NJ area.

Housing Distribution

Housing Statistics

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