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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 South Plainfield at 136 Frank Ct, South Plainfield, NJ, 07080 offers a 7.97% rental yield on a $429,000 purchase with $2,850/mo rent. 15% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 94.65% and total cumulative return in cash at $134,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,850/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07080, South Plainfield, NJ area.
| 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 |
Residential
8,329
Single Family
8,225
Multi-Family
104
Businesses
1,425
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $429,000 |
| 2024-10-03 | Listing removed | $429,000 |
| 2024-09-21 | Contingent | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $5259.26 | 1.26% | $78,755 | N/A |
| 2022-10-16 | $5193.89 | 2.41% | $78,755 | N/A |
| 2021-10-16 | $5071.82 | 1.48% | $78,755 | N/A |
Listed by: Alka Aneja • ON TRACK REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504615R
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