93 Fox Rd APT 6AEdisonNJ08817
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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 APT 6A, Edison, NJ, 08817 offers a 9.04% rental yield on a $165,000 purchase with $1,243/mo rent. Total monthly income registers $1,243/mo, and a $808/mo payment leaves $67/mo available for distribution. Annual cash flow reaches $798/yr on $54,698 to close, and return on cash invested stands at 21.37% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 111.95% and total cumulative return in cash at $61,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,243/mo property income against a $808/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: DONNA M. GROOMES • KELLER WMS GREATER BRUNSWICK
Mls Name: All Jersey MLS
Mls ID: #2609048R