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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 1502 Chestnut St, South Plainfield, NJ, 07080 listed at $599,900 pairs $4,049/mo rent with a $2,936/mo payment. Total monthly income runs $4,049/mo. Return on cash invested measures 18.68% in year one, and rental yield registers 8.1% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 97.48% and total cumulative return in cash totals $192,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,049/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1934
9,901 sqft 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 |
|---|---|---|
| 2025-09-15 | Listed for sale | $599,900 |
| 2025-08-14 | Listing removed | $649,000 |
| 2025-07-10 | Listed for sale | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $7261.28 | 4.55% | $104,000 | N/A |
| 2023-09-17 | $6945.12 | 1.26% | $104,000 | N/A |
| 2022-09-17 | $6858.80 | 2.41% | $104,000 | N/A |
Listed by: MARIA DICARLO • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2604363R
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