54 Montclair AveEdisonNJ08820
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 Edison at 54 Montclair Ave, Edison, NJ, 08820 priced at $624,000 pairs $3,564/mo rent with after a $3,054/mo payment. Total monthly income equals $3,564/mo. Return on cash invested is 14.9% in year one, and rental yield stands at 6.85% on a $624,000 basis. Equity gained on principal adds $4,027/yr, and 5% annual appreciation accumulates to $172,400 by year five. Five-year ROI measures 77.17% and total cumulative return in cash reaches $158,435. For financing, Ziffy Mortgage’s DSCR program evaluates $3,564/mo property income against a $3,054/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
4,299 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2604606R