1103 Laurel Rd, Edgewater Park, NJ, 08010 | $1,416/mo Cash Flow

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1103 Laurel Rd, Edgewater Park, NJ, 08010 | $1,416/mo Cash Flow | Ziffy

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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 Park at 1103 Laurel Rd, Edgewater Park, NJ, 08010 listed at $276,000 pairs $3,383/mo rent with a $1,351/mo payment to leave $1,416/mo cash flow. Total monthly income runs $3,383/mo, and annual cash flow reaches $16,987/yr on $91,494 cash to close. Return on cash invested measures 38.48% in year one, and rental yield registers 14.71% at a $276,000 basis. Equity gained on principal adds $1,781/yr, and annual property appreciation at 5% supports $76,254 by year five. Five-year ROI tracks 203.65% and total cumulative return in cash totals $186,325. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,383/mo property income relative to a $1,351/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-maintained 3-bedroom, 1.5-bath ranch home, nestled in a desirable neighborhood close to shopping, restaurants, and major highways. Full of character and ready for your personal touch, this home offers generous room sizes, solid construction, and tons of potential. Step into a welcoming foyer that leads into a massive living room with sliding doors that open to a nicely sized backyardperfect for relaxing, entertaining, or creating your dream outdoor space. The kitchen and dining area are both spacious, offering a great layout for everyday living or future updates. The primary bedroom features a convenient half bath, and the two additional bedrooms are comfortably sized. You'll also find a large laundry room with built-in cabinetry for extra storage. A private driveway offers parking for 23 vehicles. Whether you're looking to update at your own pace or invest in a home with strong bones in a great location, this one is a must-see. Come take a look and imagine the possibilities!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08010, Beverly, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,126 (100%)
Owner Occupied HU	3,038 (59.3%)
Renter Occupied HU	1,788 (34.9%)
Vacant Housing Units	300 ( 5.9%)
Median Home Value	$292,833
Average Home Value	$342,385