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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Edison at 1617 Raspberry Court, Edison, NJ, 08817 earns from $2,188/mo rent with a $1,615/mo payment. Total monthly income totals $2,188/mo. ROI tracks 18.11% on current figures, and rental yield reads 7.96% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 94.42% and total cumulative return in cash sums $103,295. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,188/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08817, Edison, NJ area.
| 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 |
Residential
17,393
Single Family
15,735
Multi-Family
1,658
Businesses
1,358
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sheryl J. Pitarresi • Crossroads Realty Manchester
Mls Name: MoreMLS
Mls ID: #22525119
