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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 Plainfield at 131-133 Sumner Ave, Plainfield, NJ, 07062 earns from $3,300/mo rent with a $2,300/mo payment. Total monthly income totals $3,300/mo. ROI tracks 19.53% on current figures, and rental yield reads 8.43% at a $469,999 purchase. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 over five years. Five-year ROI reaches 102.03% and total cumulative return in cash sums $158,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.
Single Family
Built in 1931
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07062, Plainfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 2,813 (52.8%) |
| Renter Occupied HU | 2,167 (40.6%) |
| Vacant Housing Units | 351 ( 6.6%) |
| Median Home Value | $449,784 |
| Average Home Value | $543,400 |
Residential
5,276
Single Family
4,476
Multi-Family
800
Businesses
221
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jose Ramos • Fredrica Williams Realty, Inc.
Mls Name: GSMLS
Mls ID: #3963779
