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Rent potential climbs to $6,651
Updated 6 days ago
Your Investment Paths
Turnkey Rental
This property shows excellent rental potential, with estimated monthly income ranging between $4,930 and $6,651. This versatility allows owners to capture significant cash flow in a competitive market while leveraging the home's impressive size. With a solid rental yield of approximately 4.04% and projected annual appreciation of $30,704, this investment offers a stable path for long-term wealth building. It is a compelling option for those seeking reliable, income-generating real estate.
More about this home
Neighborhood Assessment
116 Clive St sits in Edison's Pumptown neighborhood, a solid spot with strong schools like Menlo Park Elementary (7/10), Woodrow Wilson Middle (7/10), and J.P. Stevens High (9/10) just 0.5-1.8 miles away. You've got good walkability to local amenities, and nearby comps show healthy values—$1.5M for 4,500 sqft next door, new $1.95M build on Mason Dr. Zestimate at $1.72M for this 5,435 sqft home on 0.63 acres reflects steady appreciation since 2001.
Market Activity
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Rental Income
$69K
Yield
4.0%
Appreciation
$31K
Year 1 Estimates
Fix-and-Flip
Modernizing a home significantly enhances market appeal, boosting value to around $405 per square foot compared to the $375 baseline. This 8% increase demonstrates that refreshed interiors capture attention and help properties command a premium. This investment unlocks a higher potential sales range and creates a more desirable living space for future owners. Given the projected value gain and improved market positioning, this upgrade represents a solid opportunity for long-term growth.
Value Add
$164K
Appreciation
$39K
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid potential, with post-renovation values reaching between $2,048,000 and $2,264,000. Renovations yield an 8% price increase per square foot, providing a clear path to forced appreciation and significant equity capture for investors. Projected rental income hits $6,543 monthly, resulting in an annual return of $78,516. While the 3.6% yield reflects high-end market pricing, the scale of this luxury asset makes it a stable, long-term wealth-building opportunity.
Rental Income
$79K
Yield
3.6%
Appreciation
$39K
Year 1 Estimates, Post Typical Renovation
Estimated value
$1.7M
$600 over comp median
Comparative Market Analysis
$1.5M – $2.1M
~184 days to sell
Based on 8 comps
116 Clive St, Edison Investment Report: Flip & Rental Analysis · Frontflip