184 W Nassau Ave, South Plainfield, NJ, 07080 | $14/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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184 W Nassau Ave, South Plainfield, NJ, 07080 | $14/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

Rental property for sale in South Plainfield at 184 W Nassau Ave, South Plainfield, NJ, 07080 priced at $599,000 converts $4,284/mo rent into $14/mo cash flow after a $2,932/mo obligation. Total monthly income equals $4,284/mo, and annual cash flow totals $171/yr on $197,071 invested. Return on cash invested prints 20.15% in year one, and rental yield reads 8.58% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 105.34% and total cumulative return in cash sums $207,598. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,284/mo property income covering a $2,932/mo payment, not borrower’s personal income.

Single Family

Built in N/A

8,999 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stylish split-level home, completely updated in 2023 and full of modern charm! Inside you'll immediately notice the fresh new floors, sun-filled rooms, and thoughtful updates throughout. On the first level, you'll find a cozy family room and a full bathroom prime for guests or a relaxing movie night. Head upstairs to the open-concept living and dining areas where natural light pours in, highlighting a brand-new kitchen with sleek new appliances and countertops, and crisp cabinetry. There's even a bonus office that's ready for remote work, hobbies, or your favorite reading nook. Up another short flight, you'll find three comfortable bedrooms and a beautiful full bathroom, offering just the right mix of style and comfort. Downstairs, the partially finished basement is the ultimate hangout zone featuring a family room with a bar and electric fireplace, laundry area, and plenty of storage space. Outside, the fully fenced backyard is ready for entertaining with a spacious patio and room to play, garden, or simply unwind. With a new furnace and AC, new siding, new privacy fence, and new front steps, this home checks all the boxes for easy, low-maintenance living. And the best part? You're just a half mile from local bus transportation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07080, South Plainfield, NJ area.

Housing Distribution

Housing Statistics

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