212 E Franklin 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 212 E Franklin Ave, Edgewater Park, NJ, 08010 with 5% annual appreciation on a $459,000 basis while $3,646/mo rent supports operations. Total monthly income totals $3,646/mo and a $2,247/mo payment preserves $374/mo for cash returns. Annual cash flow comes to $4,487/yr on $152,159 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $2,962/yr, and five-year appreciation sums $126,813 alongside rental yield of 9.53%. Five-year ROI measures 119.88% and total cumulative return in cash totals $182,411.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,646/mo property income versus a $2,247/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
10,816 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: Beata Dziekonski • Century 21 Veterans-Newtown
Mls Name: Bright MLS
Mls ID: #NJBL2103280