100 Crown Ct APT 482, Edgewater, NJ, 07020 | $525/mo Cash Flow

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100 Crown Ct APT 482, Edgewater, NJ, 07020 | $525/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Edgewater at 100 Crown Ct APT 482, Edgewater, NJ, 07020 earns $525/mo cash flow from $4,658/mo rent with a $2,838/mo payment. Total monthly income totals $4,658/mo, and annual cash flow totals $6,299/yr on $190,787 capital. ROI tracks 23.36% on current figures, and rental yield reads 9.64% at a $579,900 purchase. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 over five years. Five-year ROI reaches 122.56% and total cumulative return in cash sums $233,821. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,658/mo property income instead of your personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

If you love a sun filled home look no further than this classy "Ashley" model. A corner unit with all three exposures: East, South, and even West. The entire home has been tastefully renovated. If you love a sun filled home look no further than this classy "Ashley" model. The entire home has been tastefully renovated: Within the past 12 months, both bathrooms were gutted and had plumbing replaced, to install ALL Porcelanosa stone tiles in the walk-in showers. These Earth tone stones are 47"x 47" in size for each of the showers. These Earth tone stones are 47"x 47" in size for each of the showers w/matching stone tray floors. The flooring throughout was also just replaced with 6"-inch-wide, engineered wood planks, in sand tone. The rest of the look is caressed in white such as the floating white wall stand with drawers and cable management. An excellent touch to make this home a nice showplace. Enjoy year-round use of the south / southwest facing, tranquil terrace, that gets direct sun all day. The sun also drenches the master bathroom and the second bedroom. This home is super convenient too, as it's just one flight up and near the main entrance, plus has a low monthly HOA. Crown Village is a lovely tree lined community that has a nice swimming pool, gym, and located and the lighted cross walk on River Rd.. Extra parking is available for just $70 p/month. A great home awaits the next loving owner.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07020, Edgewater, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,338 (100%)
Owner Occupied HU	2,578 (35.1%)
Renter Occupied HU	4,135 (56.4%)
Vacant Housing Units	625 ( 8.5%)
Median Home Value	$847,464
Average Home Value	$933,297