204 N Harrison AveEdgewater ParkNJ08010
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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
Investment Highlights
Investment property for sale in Edgewater Park at 204 N Harrison Ave, Edgewater Park, NJ, 08010 with 5% annual appreciation on a $389,000 basis while $3,528/mo rent supports operations. Total monthly income totals $3,528/mo and a $1,904/mo payment preserves $755/mo for cash returns. Annual cash flow comes to $9,063/yr on $128,954 deployed, and return on cash invested reaches 26.94% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 10.88%. Five-year ROI measures 141.78% and total cumulative return in cash totals $182,826.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,528/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
9,226 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08010, Beverly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 3,038 (59.3%) |
| Renter Occupied HU | 1,788 (34.9%) |
| Vacant Housing Units | 300 ( 5.9%) |
| Median Home Value | $292,833 |
| Average Home Value | $342,385 |
Housing Distribution
Address Breakdown
Residential
4,955
Single Family
4,663
Multi-Family
292
Businesses
214
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Listed by: Kevin Loughry • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2094980