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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 1427 Myrtle Ave, Plainfield, NJ, 07063 at $449,999 posts ROI 18.58% with from $3,043/mo rent. Total monthly income equals $3,043/mo. Return on cash invested measures 18.58% and rental yield reads 8.11% at the current $449,999. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,326 by year five. Five-year ROI prints 96.95% and total cumulative return in cash totals $144,629. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,043/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1926
5,304 Acres 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $449,999 |
| 2022-06-09 | Sold | $390,000 |
| 2022-04-08 | Price change | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: William Caycho • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2511734R
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