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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 Plainfield at 1411 Myrtle Ave, Plainfield, NJ, 07063 offers a 7.55% rental yield on a $435,000 purchase with $2,737/mo rent. 88% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 87.87% and total cumulative return in cash at $126,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,737/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: STANLEY E FRANCOIS • REALTY ONE GROUP SUNRISE
Mls Name: HCMLS
Mls ID: #250021472
