8 Knight DrPlainsboroNJ08536
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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 Plainsboro at 8 Knight Dr, Plainsboro, NJ, 08536 priced at $969,000 converts $5,146/mo rent into after a $4,743/mo obligation. Total monthly income equals $5,146/mo. Return on cash invested prints 13.43% in year one, and rental yield reads 6.37% against a $969,000 entry. Equity gained on principal adds $6,253/yr, while 5% annual appreciation compiles into $267,717 by year five. Five-year ROI reaches 69.31% and total cumulative return in cash sums $220,947. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,146/mo property income covering a $4,743/mo payment, not borrower’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08536, Plainsboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,816 (100%) |
| Owner Occupied HU | 3,651 (41.4%) |
| Renter Occupied HU | 4,764 (54.0%) |
| Vacant Housing Units | 401 ( 4.5%) |
| Median Home Value | $665,500 |
| Average Home Value | $690,867 |
Housing Distribution
Address Breakdown
Residential
8,687
Single Family
8,558
Multi-Family
129
Businesses
366
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Listed by: MANASI KAR • KELLER WILLIAMS PREMIER
Mls Name: All Jersey MLS
Mls ID: #2606653R