1308 Merrywood Dr, Edison, NJ, 08817 | $4/mo Cash Flow

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1308 Merrywood Dr, Edison, NJ, 08817 | $4/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

Rental property for sale in Edison at 1308 Merrywood Dr, Edison, NJ, 08817 priced at $565,000 pairs $4,031/mo rent with $4/mo cash flow after a $2,765/mo payment. Total monthly income equals $4,031/mo, and annual cash flow comes to $50/yr on $185,885 invested. Return on cash invested is 20.09% in year one, and rental yield stands at 8.56% on a $565,000 basis. Equity gained on principal adds $3,646/yr, and 5% annual appreciation accumulates to $156,099 by year five. Five-year ROI measures 105.02% and total cumulative return in cash reaches $195,219. For financing, Ziffy Mortgage’s DSCR program evaluates $4,031/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1981

2,143 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this North Facing move-in-ready home in the highly sought-after Edison Manor community with 3 1/2 baths and Full finished basement. This spacious end unit offers exceptional privacy and is the largest model in the developmentperfectly located within close distance to the Edison Train Station for easy commuting. Inside, you'll find extra-large rooms, two fireplaces (gas and wood-burning), and a layout designed for comfort and entertaining. The fully finished basement includes an additional room that can serve as a possible bedroom, plus a family room, and a full bathideal for guests or extended family. Enjoy outdoor living on the oversized deck, accessible from both the primary bedroom and family room. Recent updates include a new kitchen with quartz countertops, fresh interior paint, 2-year-old roof, 4-year-old windows and patio door, and a 2-year-old boiler. This north-facing gem combines style, space, and convenienceready for you to move right in

Neighborhood Data

Neighborhood data shown for ZIP Code: 08817, Edison, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,827 (100%)
Owner Occupied HU	9,145 (51.3%)
Renter Occupied HU	7,817 (43.8%)
Vacant Housing Units	865 ( 4.9%)
Median Home Value	$472,544
Average Home Value	$492,607