7 Gates Pl, Edison, NJ, 08817 | $754/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Gates Pl, Edison, NJ, 08817 | $754/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Edison at 7 Gates Pl, Edison, NJ, 08817 at $399,000 posts ROI 26.75% with $754/mo cash flow from $3,598/mo rent. Total monthly income equals $3,598/mo, and annual cash flow records $9,047/yr on $132,269 to close. Return on cash invested measures 26.75% and rental yield reads 10.82% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 140.74% and total cumulative return in cash totals $186,158.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,598/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1952

5,305 sqft lot

$N/A/sqft

No HOA

More details about the property

Showings start 8/23/25 Charming 3-Bedroom Ranch with Endless Potential! This solid 3-bedroom, 1-bath ranch offers a rare opportunity to own a home in a prime Edison locationall for under $400,000! Featuring hardwood floors, a full basement, and a spacious yard, this property has great bones and is ready for your vision. With some updates and repairs, you can build instant equity and make this home truly your own.The seller is motivated and will consider cash offers as well as FHA 203(k) renovation loans, making this an excellent choice for both investors and buyers willing to customize. Located just minutes from the Edison Train Stationwith direct connections to New York City and Philadelphiathis home offers unbeatable convenience. Shopping is right around the corner with H Mart Supermarket and 99 Cent Ranch Supermarket nearby. Homes in this price range are raredon't, miss your chance! With strong bones, a fantastic location, and unlimited potential, this property will sell quickly. As is buyer to get Certificate of Occupancy and smoke. This is an estate. Seller will not make any repairs.

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