404 Westgate DrEdisonNJ08820
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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 404 Westgate Dr, Edison, NJ, 08820 listed at $619,711 pairs $3,562/mo rent with a $3,033/mo payment. Total monthly income runs $3,562/mo. Return on cash invested measures 15.03% in year one, and rental yield registers 6.9% at a $619,711 basis. Equity gained on principal adds $3,999/yr, and annual property appreciation at 5% supports $171,215 by year five. Five-year ROI tracks 77.87% and total cumulative return in cash totals $158,756. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,562/mo property income relative to a $3,033/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
1,542 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: NICOLE PALMERI • RE/MAX SELECT
Mls Name: All Jersey MLS
Mls ID: #2605661R