37 Winterburn PlEdgewaterNJ07020
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
Rental property for sale in Edgewater at 37 Winterburn Pl, Edgewater, NJ, 07020 priced at $1,645,300 converts $7,792/mo rent into after a $8,053/mo obligation. Total monthly income equals $7,792/mo. Return on cash invested prints 11.51% in year one, and rental yield reads 5.68% against a $1,645,300 entry. Equity gained on principal adds $10,617/yr, while 5% annual appreciation compiles into $454,566 by year five. Five-year ROI reaches 58.97% and total cumulative return in cash sums $314,346. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,792/mo property income covering a $8,053/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07020, Edgewater, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 2,578 (35.1%) |
| Renter Occupied HU | 4,135 (56.4%) |
| Vacant Housing Units | 625 ( 8.5%) |
| Median Home Value | $847,464 |
| Average Home Value | $933,297 |
Housing Distribution
Address Breakdown
Residential
7,398
Single Family
2,466
Multi-Family
4,932
Businesses
590
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A