10 George St, South Plainfield, NJ, 07080 | $219/mo Cash Flow

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10 George St, South Plainfield, NJ, 07080 | $219/mo Cash Flow | Ziffy

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

Investment property for sale in South Plainfield at 10 George St, South Plainfield, NJ, 07080 offers a 8.93% rental yield on a $690,000 purchase with $5,137/mo rent. Total monthly income registers $5,137/mo, and a $3,377/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,628/yr on $227,010 to close, and return on cash invested stands at 21.22% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,634 over five years. Portfolio math shows five-year ROI at 111.06% and total cumulative return in cash at $252,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,137/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful 9 rooms, 5 bedrooms, 2.5 bath split-level, move-in ready home. This functional layout offers 4 spacious bedrooms on the second floor and an additional first-floor bedroom or home office. The primary bedroom with en suite full bath. The updated kitchen features granite countertops, modern appliances, and an open concept design that flows seamlessly into the inviting family room with gas fireplace ideal for both everyday living and entertaining. A formal dining room opens to the kitchen and the living room and adds the perfect touch for holiday gatherings and special occasions. Enjoy abundant natural light throughout the home, enhanced by stylish track lighting, ceiling fans, and central A/C. Outside, escape to your private backyard oasis complete with a sparkling in-ground pool, beautifully paved patio, lush landscaping, and a privacy fence. A storage shed provides extra space for all your tools and pool accessories. Additional highlights include an underground sprinkle system, one-car garage, oversized driveway with ample parking, and numerous updates throughout. This home has been beautifully maintained by its present owners. It offers the perfect blend of comfort, function, and outdoor enjoyment ready for you to move right in and start making memories.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07080, South Plainfield, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,674 (100%)
Owner Occupied HU	6,720 (77.5%)
Renter Occupied HU	1,564 (18.0%)
Vacant Housing Units	390 ( 4.5%)
Median Home Value	$486,077
Average Home Value	$542,541