1239 Plane St, Union, NJ, 07083 | $955/mo Cash Flow

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1239 Plane St, Union, NJ, 07083 | $955/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 Union at 1239 Plane St, Union, NJ, 07083 listed at $525,000 pairs $4,697/mo rent with a $2,570/mo payment to leave $955/mo cash flow. Total monthly income runs $4,697/mo, and annual cash flow reaches $11,454/yr on $172,725 cash to close. Return on cash invested measures 26.69% in year one, and rental yield registers 10.74% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 140.43% and total cumulative return in cash totals $242,565. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,697/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1928

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

This spacious and versatile Colonial offers multiple levels of living space and a fantastic location just blocks from local bus transportation at Vauxhall Rd and Stuyvesant Ave. The main level features a bright and comfortable layout, including a full bathroom, an inviting dining room that opens directly to the backyard deck, a kitchen with a spacious peninsula with seating, a light-filled living room, and a dedicated office. Hardwood floors lie hidden beneath the carpeting, ready to be revealed if desired. Upstairs, you'll find three comfortable bedrooms and a full bathroom on Level 2. The finished third floor is a wonderful bonus space, ideal for a playroom, hobby room, creative studio, or additional office. The finished basement provides even more flexible living space with a family room, laundry area, a full bathroom, utility room, and walkout access creating a private space for guests or recreation. Outside, enjoy a fully fenced backyard with a privacy fence and a deck perfect for grilling, outdoor dining, or unwinding. With great indoor/outdoor flow and convenient proximity to major transit, this home offers exceptional potential in a prime, commuter-friendly location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07083, Union, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,858 (100%)
Owner Occupied HU	14,421 (66.0%)
Renter Occupied HU	6,528 (29.9%)
Vacant Housing Units	909 ( 4.2%)
Median Home Value	$481,353
Average Home Value	$534,432