97 Howard Ave, Edison, NJ, 08837 | $585/mo Cash Flow

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

Rental property for sale in Edison at 97 Howard Ave, Edison, NJ, 08837 priced at $485,000 converts $4,042/mo rent into $585/mo cash flow after a $2,374/mo obligation. Total monthly income equals $4,042/mo, and annual cash flow totals $7,018/yr on $160,778 invested. Return on cash invested prints 24.27% in year one, and rental yield reads 10% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 127.47% and total cumulative return in cash sums $204,938. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,042/mo property income covering a $2,374/mo payment, not borrower’s personal income.

Single Family

Built in 1960

0.48 Acres lot

$N/A/sqft

No HOA