99 Craig 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 99 Craig St, Edison, NJ, 08817 with 5% annual appreciation on a $839,900 basis while $2,999/mo rent supports operations. 09% in year one. Equity gained on principal adds $5,420/yr, and five-year appreciation sums $232,049 alongside rental yield of 4.28%. Five-year ROI measures 35.29% and total cumulative return in cash totals $97,519. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,999/mo property income versus a $4,111/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1970
5,001 sqft 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: Michelle Rizzo • RE/MAX WELCOME HOME
Mls Name: All Jersey MLS
Mls ID: #2516109R