Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Edison at 20 Norton St, Edison, NJ, 08820 generates $4,610/mo in rent, after a $3,911/mo payment. Total monthly income is $4,610/mo. Return on cash invested sits at 15.11% in year one, and rental yield is 6.92% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 78.29% and total cumulative return in cash sums $205,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,610/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
10,080 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08820, Edison, NJ area.
| 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 |
Residential
13,552
Single Family
13,147
Multi-Family
405
Businesses
722
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $799,000 |
| 2024-08-23 | Contingent | $799,000 |
| 2024-08-20 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $12575.12 | -0.04% | $220,500 | N/A |
| 2022-10-16 | $12579.53 | 0.39% | $220,500 | N/A |
| 2021-10-16 | $12531.02 | N/A | $220,500 | N/A |
Listed by: Jinxin Chris Jiang • KELLER WILLIAMS PRINCETON R. E
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2413252R
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
