82 Garden StEdisonNJ08817
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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
Investment property for sale in Edison at 82 Garden St, Edison, NJ, 08817 offers a 9.2% rental yield on a $499,900 purchase with $3,832/mo rent. Total monthly income registers $3,832/mo, and a $2,447/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,223/yr on $165,717 to close, and return on cash invested stands at 21.85% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 114.51% and total cumulative return in cash at $189,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,832/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
5,001 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2016-08-31 | Sold | $310,000 |
| 2016-04-13 | Sold | $310,000 |
| 2015-10-27 | Listed for sale | $314,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-22 | $7514.65 | 0.51% | $131,100 | N/A |
| 2023-06-22 | $7476.63 | -0.04% | $131,100 | N/A |
| 2022-06-22 | $7479.26 | 0.39% | $131,100 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1962
- Architectural Style: Bi-Level
- Building Area: 933
- Living Area: 933 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Forced Air
- Cooling: Central Air
- Flooring: Ceramic Tile, Vinyl-Linoleum, Wood
- Interior Features: Watersoftener Rented, Laundry Room, Library/Office, Bath Full, Storage, Family Room, Utility Room, Entrance Foyer, 3 Bedrooms, Kitchen, Bath Main, Dining Room, None
- Exterior Features: Barbecue, Patio, Storage Shed, Yard
- Parking Features: 1 Car Width, Garage, Built-In Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Natural Gas Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Frances M. Gratacos • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2515748R
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