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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 62 Stone Cliff Rd, Princeton, NJ, 08540 projects strong ROI of 8.6%. Rental yield 4.79%. With 5% annual appreciation, the property builds $621,634 in value over five years. Equity growth combined delivers a projected five-year ROI of 43.4%, translating into $316,385 in total cumulative return on $729,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1998
0.64 Acres lot
$N/A/sqft
$100 monthly 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 |
|---|---|---|
| 2024-10-15 | Listed for sale | $2,250,000 |
| 2012-05-09 | Sold | $1,410,000 |
| 2008-06-25 | Sold | $1,410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $30066.82 | -4.16% | $1,236,300 | N/A |
| 2022-10-15 | $31372.86 | 0.79% | $1,236,300 | -3.89% |
| 2021-10-15 | $31128.46 | 2.02% | $1,286,300 | N/A |
Listed by: Janet Stefandl • Compass New Jersey, LLC - Princeton
Mls Name: Bright MLS
Mls Provider:
Mls ID: #NJME2049744
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. [Click here for more information](/info/mls-disclaimers/#mls_5632)
