6 Edgemere DrKendall ParkNJ08824
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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 Kendall Park at 6 Edgemere Dr, Kendall Park, NJ, 08824 listed at $875,000 pairs $5,320/mo rent with a $4,283/mo payment. Total monthly income runs $5,320/mo. Return on cash invested measures 16.24% in year one, and rental yield registers 7.3% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 84.35% and total cumulative return in cash totals $242,831. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,320/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
8,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08824, Kendall Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,850 (85.3%) |
| Renter Occupied HU | 573 (12.7%) |
| Vacant Housing Units | 88 ( 2.0%) |
| Median Home Value | $655,592 |
| Average Home Value | $679,247 |
Housing Distribution
Address Breakdown
Residential
4,420
Single Family
4,337
Multi-Family
83
Businesses
272
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Listed by: JOSEPH G. BUONO • RE/MAX DIAMOND, REALTORS
Mls Name: All Jersey MLS
Mls ID: #2661091M