1212 McDonough St, South Plainfield, NJ, 07080 | $9/mo Cash Flow

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1212 McDonough St, South Plainfield, NJ, 07080 | $9/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 1212 McDonough St, South Plainfield, NJ, 07080 listed at $599,900 pairs $4,285/mo rent with a $2,936/mo payment to leave $9/mo cash flow. Total monthly income runs $4,285/mo, and annual cash flow reaches $111/yr on $197,367 cash to close. Return on cash invested measures 20.12% in year one, and rental yield registers 8.57% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 105.17% and total cumulative return in cash totals $207,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,285/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1952

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Unique opportunity to own this duplex style two family which offers a spacious yard with outbuildings and two car detached garage. Left side has gas heat and offers kitchen, 1 bedroom plus loft, living room with fireplace, dining room, 1.5 baths and porch! Right side (driveway) has oil heat and offers 2 bedrooms, living room, EIK, and enclosed porch! Full basement with oil tank and gas furnace. Belco doors lead to outside. There is one water meter for both units and one hot water heater for both units. Separate meters for gas and electric and heating systems with a hook up for a generator. Appliances included. EZ to show!

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