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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% |
Rental property for sale in Plainfield at 1353 W 3rd St, Plainfield, NJ, 07063 generates $3,690/mo in rent and, after a $1,759/mo payment, leaves $1,128/mo in cash flow. Total monthly income is $3,690/mo, and annual cash flow is $13,540/yr on $119,141 invested. Return on cash invested sits at 31.27% in year one, and rental yield is 12.32% on a $359,400 entry. Equity gained on principal adds $2,319/yr, while 5% annual appreciation builds toward $99,296 over five years. Five-year ROI reaches 165.03% and total cumulative return in cash sums $196,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,690/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
3,125 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07063, Plainfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,303 (100%) |
| Owner Occupied HU | 2,581 (60.0%) |
| Renter Occupied HU | 1,628 (37.8%) |
| Vacant Housing Units | 94 ( 2.2%) |
| Median Home Value | $433,067 |
| Average Home Value | $515,305 |
Residential
3,807
Single Family
3,631
Multi-Family
176
Businesses
121
Date | Event | Price |
|---|---|---|
| 2025-08-24 | Listing removed | $359,000 |
| 2025-05-21 | Price change | $359,000 |
| 2025-05-17 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-29 | $5309.06 | N/A | $60,800 | N/A |
| 2024-10-29 | $5309.06 | 0.99% | $60,800 | N/A |
| 2023-10-29 | $5256.77 | 2.21% | $60,800 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
