21 Eardley RdEdisonNJ08817
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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
Rental property for sale in Edison at 21 Eardley Rd, Edison, NJ, 08817 priced at $649,999 converts $4,673/mo rent into $40/mo cash flow after a $3,181/mo obligation. Total monthly income equals $4,673/mo, and annual cash flow totals $484/yr on $213,850 invested. Return on cash invested prints 20.29% in year one, and rental yield reads 8.63% against a $649,999 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 106.08% and total cumulative return in cash sums $226,861. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,673/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1960
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08817, Edison, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,393
Single Family
15,735
Multi-Family
1,658
Businesses
1,358
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Listed by: KATHLEEN FROELICH • REDFIN CORPORATION
Mls Name: All Jersey MLS
Mls ID: #2660275M