1317 Famularo DrSouth PlainfieldNJ07080
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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 South Plainfield at 1317 Famularo Dr, South Plainfield, NJ, 07080 offers a 9.86% rental yield on a $498,000 purchase with $4,090/mo rent. Total monthly income registers $4,090/mo, and a $2,437/mo payment leaves $541/mo available for distribution. Annual cash flow reaches $6,490/yr on $165,087 to close, and return on cash invested stands at 23.84% in year one. Equity gained on principal adds $3,214/yr while 5% annual appreciation supports $137,588 over five years. Portfolio math shows five-year ROI at 125.14% and total cumulative return in cash at $206,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,090/mo property income against a $2,437/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,329
Single Family
8,225
Multi-Family
104
Businesses
1,425
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Listed by: DOMINICK LEONE • REALTY ONE GROUP EMERGE
Mls Name: All Jersey MLS
Mls ID: #2604359R