1039-41 Field AvePlainfieldNJ07060
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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 Plainfield at 1039-41 Field Ave, Plainfield, NJ, 07060 earns from $4,325/mo rent with a $3,377/mo payment. Total monthly income totals $4,325/mo. ROI tracks 16.93% on current figures, and rental yield reads 7.52% at a $690,000 purchase. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 over five years. Five-year ROI reaches 88.04% and total cumulative return in cash sums $199,856. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,325/mo property income instead of your personal income.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07060, Plainfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,601 (100%) |
| Owner Occupied HU | 6,224 (39.9%) |
| Renter Occupied HU | 8,742 (56.0%) |
| Vacant Housing Units | 635 ( 4.1%) |
| Median Home Value | $460,913 |
| Average Home Value | $523,674 |
Housing Distribution
Address Breakdown
Residential
14,977
Single Family
11,780
Multi-Family
3,197
Businesses
1,199
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Listed by: Luz Irene Tangarife • The Arendel Group Llc
Mls Name: GSMLS
Mls ID: #4001869