18 Westgate Dr, Edison, NJ, 08820 | 8.36% Rental Yield

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18 Westgate Dr, Edison, NJ, 08820 | 8.36% Rental Yield | Ziffy

For Sale

Fix & Flip

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 18 Westgate Dr, Edison, NJ, 08820 priced at $599,900 pairs $4,177/mo rent with after a $2,936/mo payment. Total monthly income equals $4,177/mo. Return on cash invested is 19.46% in year one, and rental yield stands at 8.36% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 101.65% and total cumulative return in cash reaches $200,632. For financing, Ziffy Mortgage’s DSCR program evaluates $4,177/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful townhome in North Edison. Nestled in a well-maintained community with park-like surroundings, this home features 2 spacious bedrooms, 2.5 baths, a finished basement, and an attached garage. Step inside to find an inviting living room highlighted by a striking stone gas fireplace, ideal for cozy evenings. The open layout flows seamlessly into the formal dining room, filled with natural light from large windows and sliders that lead to private outdoor spaces. This home brings the outdoors in with its abundance of sunlight and scenic views. The kitchen provides ample cabinetry and counter space, making meal preparation a breeze. A loft area upstairs offers flexible/bonus space. The primary suite is a private retreat, complete with an ensuite bath, generous closet space, and its very own balcony. The second bedroom is equally spacious, with easy access to a full hall bath. The finished basement expands your living space. This community offers outstanding amenities including a pool, tennis courts, and a clubhouse. Perfectly situated near shopping, dining, parks, and schools. Don't miss this opportunity to own a bright, spacious townhome with modern comforts and resort-style amenities in one of Edison's most sought-after locations. Sold as-is.

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