13 Gate House Ln, Edison, NJ, 08820 | 8.32% Rental Yield

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13 Gate House Ln, Edison, NJ, 08820 | 8.32% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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58 Park Gate Dr, Edison, NJ, 08820

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 Edison at 13 Gate House Ln, Edison, NJ, 08820 offers a 8.32% rental yield on a $560,000 purchase with $3,881/mo rent. 34% in year one. Equity gained on principal adds $3,614/yr while 5% annual appreciation supports $154,718 over five years. Portfolio math shows five-year ROI at 101.01% and total cumulative return in cash at $186,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,881/mo property income against a $2,741/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1983

1,441 sqft lot

$N/A/sqft

No HOA

More details about the property

Look No Further! A rare Bravo model is FINALLY now available at Park Gate Condominiums This beautiful home features a huge primary bedroom suite with an organized walkin closet. Hollywood style bathroom with vanity room and separate room for shower/toilet. The second bedroom features majestic floor-to-ceiling closets. This ranch style home offers a second full bath, a den and an updated kitchen. The well-lit living room is huge and has a beautiful gas fireplace (as is). The dining area is located next to the kitchen and can be accessed through a serving hatch. The 2 car garage is loaded with an amazing amount of storage shelving, a storage credenza, a large 5 shelf pantry, a floor to ceiling cedar closet for off-season clothing, and a pull down ladder to access the attic. This beautiful home also sports an outdoor deck as well as a separate patio to enjoy, both with new privacy fencing! The central air and furnace are brand new (7/2025), and the hot water heater is only two years old (2023). Convenient access to the pool, tennis courts and playground. Make this great home yours today.

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