346 N Riverview AveEdisonNJ08817
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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 346 N Riverview Ave, Edison, NJ, 08817 earns from $2,880/mo rent with a $4,532/mo payment. Total monthly income totals $2,880/mo. ROI tracks 5.41% on current figures, and rental yield reads 3.73% at a $925,999 purchase. Equity gained on principal adds $5,975/yr, and 5% annual appreciation supports $255,836 over five years. Five-year ROI reaches 26.28% and total cumulative return in cash sums $80,054. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Single Family
Built in 1929
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08817, Edison, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,393
Single Family
15,735
Multi-Family
1,658
Businesses
1,358
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Listed by: Andrea Y. Moore • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2600782R