2116 Edward Stec Boulevard UNIT 2116, Edison, NJ, 08837 | 7.29% Rental Yield

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2116 Edward Stec Boulevard UNIT 2116, Edison, NJ, 08837 | 7.29% Rental Yield | Ziffy

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

Investment property for sale in Edison at 2116 Edward Stec Boulevard UNIT 2116, Edison, NJ, 08837 offers a 7.29% rental yield on a $484,000 purchase with $2,941/mo rent. 1% in year one. Equity gained on principal adds $3,123/yr while 5% annual appreciation supports $133,720 over five years. Portfolio math shows five-year ROI at 83.68% and total cumulative return in cash at $134,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,941/mo property income against a $2,369/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2009

N/A lot

$N/A/sqft

No HOA

More details about the property

Bright and Upgraded 2-bedroom, 2-bath end-unit ground floor condo offers comfort, style, and convenience. Features include an open-concept layout with 9-foot ceilings, recessed lighting, and Stainmaster carpet. The eat-in kitchen boasts granite countertops, backsplash, 42-inch cabinets, and ceramic tile flooring. Both bedrooms are generously sized and filled with natural sunlight. Additional perks include a same-floor storage room and in-unit newer stackable washer & dryer. Community amenities feature a clubhouse with gym, game room, library, outdoor pool, and playground. Prime commuter location near NJ Transit, major highways, parks, and shopping. Don't miss on this condo which has clubhouse facilities and is in commuters pride location!