13 King StEdisonNJ08820
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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
Investment property for sale in Edison at 13 King St, Edison, NJ, 08820 with 5% annual appreciation on a $999,000 basis while $5,836/mo rent supports operations. 37% in year one. Equity gained on principal adds $6,446/yr, and five-year appreciation sums $276,005 alongside rental yield of 7.01%. Five-year ROI measures 79.69% and total cumulative return in cash totals $261,926. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,836/mo property income versus a $4,890/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.60 Acres 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: STEPHANIE MATTIELLI • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2608414R