307 Edwards AveChesilhurstNJ08089
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 307 Edwards Ave, Chesilhurst, NJ, 08089 in Chesilhurst speaks for itself: 10.91% gross on a $305,000 price, generating $2,773/mo in rent and $599/mo in net income after the $1,371/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,191 stacks alongside $84,266 in projected five-year appreciation and $2,809/yr in principal reduction. Projected total cumulative return: $155,474.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $599 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,773 |
| Total Monthly Debt Service | $2,053 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08089, Waterford Works, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,333 (81.3%) |
| Renter Occupied HU | 222 (13.5%) |
| Vacant Housing Units | 85 ( 5.2%) |
| Median Home Value | $339,968 |
| Average Home Value | $422,907 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
1,463
Multi-Family
46
Businesses
88
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
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08089, Waterford Works, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,333 (81.3%) |
| Renter Occupied HU | 222 (13.5%) |
| Vacant Housing Units | 85 ( 5.2%) |
| Median Home Value | $339,968 |
| Average Home Value | $422,907 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
1,463
Multi-Family
46
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJCD2112952