75 Kelly 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
Rental property for sale in Edison at 75 Kelly Dr, Edison, NJ, 08820 priced at $589,900 pairs $3,356/mo rent with after a $2,887/mo payment. Total monthly income equals $3,356/mo. Return on cash invested is 14.81% in year one, and rental yield stands at 6.83% on a $589,900 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $162,978 by year five. Five-year ROI measures 76.73% and total cumulative return in cash reaches $148,917. For financing, Ziffy Mortgage’s DSCR program evaluates $3,356/mo property income against a $2,887/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1994
N/A 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: RUTHANNE M. GRACE • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2608956R