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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% |
Rental property for sale in Edison at 1 Broad Ave, Edison, NJ, 08820 offers $4,794/mo rent that, after a $6,216/mo payment. Total monthly income is $4,794/mo. Return on cash invested measures 7.95% in year one, and rental yield stands at 4.53% at a $1,270,000 entry. Equity gained on principal adds $8,195/yr while 5% annual appreciation compounds into $350,878 by year five. Five-year ROI records 39.88% and total cumulative return in cash reaches $164,093. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,794/mo property income versus a $6,216/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08820, Edison, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,533 (100%) |
| Owner Occupied HU | 10,021 (74.0%) |
| Renter Occupied HU | 3,149 (23.3%) |
| Vacant Housing Units | 363 ( 2.7%) |
| Median Home Value | $668,355 |
| Average Home Value | $727,673 |
Residential
13,552
Single Family
13,147
Multi-Family
405
Businesses
722
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Price change | $1,270,000 |
| 2025-01-15 | Listed for sale | $1,250,000 |
| 2024-04-11 | Sold | $610,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-20 | $9973.68 | 0.51% | $174,000 | N/A |
| 2023-02-20 | $9923.22 | -0.04% | $174,000 | N/A |
| 2022-02-20 | $9926.70 | 0.39% | $174,000 | N/A |
Listed by: Patricia Gesswein • Houwzer, Inc.
Mls Name: NJMLS
Mls Provider:
Mls ID: #25003932
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-02-19 16:45:26 PST Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
