93 Fox Rd 2b-unit 2BEdisonNJ08817
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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 93 Fox Rd 2b-unit 2B, Edison, NJ, 08817 offers a 9.45% rental yield on a $149,900 purchase with $1,180/mo rent. Total monthly income registers $1,180/mo, and a $734/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,335/yr on $49,692 to close, and return on cash invested stands at 22.59% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 118.54% and total cumulative return in cash at $58,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,180/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
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
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Listed by: KEITH GROOMES • KELLER WMS GREATER BRUNSWICK
Mls Name: All Jersey MLS
Mls ID: #2610312R