103 Pheasant RunEdisonNJ08820
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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 Edison at 103 Pheasant Run, Edison, NJ, 08820 offers $3,211/mo rent that, after a $2,247/mo payment. Total monthly income is $3,211/mo. Return on cash invested measures 19.43% in year one, and rental yield stands at 8.39% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 101.48% and total cumulative return in cash reaches $154,415. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,211/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1981
660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08820, Edison, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,552
Single Family
13,147
Multi-Family
405
Businesses
722
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Listed by: N/A • REAL
Mls Name: All Jersey MLS
Mls ID: #2608776R