187 Hoover Ave, Edison, NJ, 08837 | 7.27% Rental Yield

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 187 Hoover Ave, Edison, NJ, 08837 priced at $499,999 converts $3,028/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,028/mo. Return on cash invested prints 16.03% in year one, and rental yield reads 7.27% against a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 83.29% and total cumulative return in cash sums $138,055. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,028/mo property income covering a $2,447/mo payment, not borrower’s personal income.

Single Family

Built in 1949

6,499 sqft lot

$N/A/sqft

No HOA