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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in South Plainfield at 1027 Sherman Ave, South Plainfield, NJ, 07080 at $599,999 posts ROI 19.76% with from $4,228/mo rent. Total monthly income equals $4,228/mo. Return on cash invested measures 19.76% and rental yield reads 8.46% at the current $599,999. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 103.26% and total cumulative return in cash totals $203,831. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,228/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07080, South Plainfield, NJ area.
| 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 |
Residential
8,329
Single Family
8,225
Multi-Family
104
Businesses
1,425
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $599,999 |
| 2018-09-10 | Sold | $250,000 |
| 2018-09-04 | Listed for sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-20 | $8231.78 | 4.55% | $117,900 | N/A |
| 2023-04-20 | $7873.36 | 1.26% | $117,900 | N/A |
| 2022-04-20 | $7775.51 | 2.41% | $117,900 | N/A |
Listed by: Nicole Palmeri • RE/MAX SELECT
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2512083R
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