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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Edison at 24 Kimble St, Edison, NJ, 08817 generates $4,128/mo in rent and, after a $2,643/mo payment, leaves $279/mo in cash flow. Total monthly income is $4,128/mo, and annual cash flow is $3,351/yr on $177,627 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 9.18% on a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 114.99% and total cumulative return in cash sums $204,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,128/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08817, Edison, NJ area.
| 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 |
Residential
17,393
Single Family
15,735
Multi-Family
1,658
Businesses
1,358
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $539,900 |
| 2018-05-19 | Sold | $350,000 |
| 2018-04-18 | Pending sale | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $8697.08 | -0.04% | $152,500 | N/A |
| 2022-10-16 | $8700.13 | 0.39% | $152,500 | N/A |
| 2021-10-16 | $8666.58 | -2.84% | $152,500 | N/A |
Listed by: Klaudia Piotrowicz • HALO REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504201R
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