56 Patton AvePrincetonNJ08540
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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 at 56 Patton Ave, Princeton, NJ, 08540 at $929,000 posts ROI 14.36% with from $5,171/mo rent. Total monthly income equals $5,171/mo. Return on cash invested measures 14.36% and rental yield reads 6.68% at the current $929,000. Equity gained on principal adds $5,995/yr, and 5% annual appreciation supports $256,666 by year five. Five-year ROI prints 74.32% and total cumulative return in cash totals $227,156. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,171/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1917
5,800 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,554
Single Family
16,015
Multi-Family
3,539
Businesses
1,765
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Listed by: Carina Krall • Queenston Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJME2065010