5 Richmond RdEdisonNJ08817
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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 5 Richmond Rd, Edison, NJ, 08817 at $599,900 posts ROI 22.16% with $345/mo cash flow from $4,621/mo rent. Total monthly income equals $4,621/mo, and annual cash flow records $4,143/yr on $197,367 to close. Return on cash invested measures 22.16% and rental yield reads 9.24% at the current $599,900. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 by year five. Five-year ROI prints 116.13% and total cumulative return in cash totals $229,204.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,621/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
7,471 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: Kelli Ciancaglini • Keller Williams Hometown
Mls Name: Bright MLS
Mls ID: #NJMX2009950