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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 247 Hoover Ave, Edison, NJ, 08837 priced at $739,999 converts $4,316/mo rent into after a $3,622/mo obligation. Total monthly income equals $4,316/mo. Return on cash invested prints 15.34% in year one, and rental yield reads 7% against a $739,999 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation compiles into $204,448 by year five. Five-year ROI reaches 79.53% and total cumulative return in cash sums $193,618. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,316/mo property income covering a $3,622/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,551 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: ROBERTA GALKIN • RE/MAX COMPETITIVE EDGE
Mls Name: All Jersey MLS
Mls ID: #2602860R
