








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 141 Berckman St, Plainfield, NJ, 07062 uses $167,790 cash to close to unlock $3,816/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $3,953/mo, and a $2,496/mo payment keeps the spread at $318/mo. Purchase price stands at $510,000, and rental yield measures 9.3% with $3,953/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash records $196,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,953/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Multi Family
Built in 1931
4,791 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 |
|---|---|---|
| 2025-06-04 | Listed for sale | $510,000 |
| 2025-05-29 | Listing removed | $510,000 |
| 2025-05-14 | Pending sale | $510,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Nicole Consorte • David Realty Group Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3967240
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