1360 Belleview Ave, Plainfield, NJ, 07060 | $922/mo Cash Flow

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1360 Belleview Ave, Plainfield, NJ, 07060 | $922/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 Plainfield at 1360 Belleview Ave, Plainfield, NJ, 07060 listed at $460,000 pairs $4,200/mo rent with a $2,251/mo payment to leave $922/mo cash flow. Total monthly income runs $4,200/mo, and annual cash flow reaches $11,060/yr on $152,490 cash to close. Return on cash invested measures 27.16% in year one, and rental yield registers 10.96% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 142.97% and total cumulative return in cash totals $218,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,200/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1951

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in the coveted Cedarbrook Park area, this unique Colonial home offers timeless charm with modern livability. Channel your inner Picasso with your individual color palette. Enhance the architectural highlights that include hardwood floors, original moldings, a stately mantel bookcase, and a warm fireplace. The main level features a natural, seamless flow from the living rm to the dining rm and kitchen, while a unique left-justified staircase adds a distinctive touch. Discover your personal sanctuary in the sun-filled, three-season room, offering a secluded retreat surrounded by lush,mature landscaping. This home offers distinct living spaces, with a tranquil second floor that includes a large primary suite with ample closet space and access to a walk-up attic. Two well-proportioned bedrooms and the main bathroom, complete with an interior linen closet, are also on this level. A lower-level family room provides extra living space for gatherings, alongside a laundry/utility rm and storage. The attached garage is a bonus for navigating NJ's changing seasons. The expansive, fenced-in backyard presents an exceptional opportunity for entertainment, outdoor recreation or developing a personal outdoor oasis!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07060, Plainfield, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,601 (100%)
Owner Occupied HU	6,224 (39.9%)
Renter Occupied HU	8,742 (56.0%)
Vacant Housing Units	635 ( 4.1%)
Median Home Value	$460,913
Average Home Value	$523,674