280 Mckinley AvenueEdisonNJ08820
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 280 Mckinley Avenue, Edison, NJ, 08820 at $649,900 posts ROI 21.97% with $340/mo cash flow from $4,972/mo rent. Total monthly income equals $4,972/mo, and annual cash flow records $4,075/yr on $213,817 to close. Return on cash invested measures 21.97% and rental yield reads 9.18% at the current $649,900. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 by year five. Five-year ROI prints 115.08% and total cumulative return in cash totals $246,066.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,972/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
8,712 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: Heidi Modjeski • Patrick Parker Realty
Mls Name: MOMLS
Mls ID: #22519521