22 Carriage PlEdisonNJ08820
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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 Edison at 22 Carriage Pl, Edison, NJ, 08820 at $630,000 posts ROI 15.11% with from $3,636/mo rent. Total monthly income equals $3,636/mo. Return on cash invested measures 15.11% and rental yield reads 6.93% at the current $630,000. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 by year five. Five-year ROI prints 78.3% and total cumulative return in cash totals $162,298. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,636/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1983
1,442 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08820, Edison, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,552
Single Family
13,147
Multi-Family
405
Businesses
722
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Listed by: Jacqueline Zuvich • RE/MAX COMPETITIVE EDGE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2514224R
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