11 Jennings LnNorth PlainfieldNJ07060
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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 North Plainfield at 11 Jennings Ln, North Plainfield, NJ, 07060 at $385,000 posts ROI 19.18% with from $2,666/mo rent. Total monthly income equals $2,666/mo. Return on cash invested measures 19.18% and rental yield reads 8.31% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 100.17% and total cumulative return in cash totals $127,846. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,666/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
6,751 sqft 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: ANNA SAFONOVA • NJ REALTY PROS LLC
Mls Name: All Jersey MLS
Mls ID: #2609251R