Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in South Plainfield at 189 Front St UNIT 0, South Plainfield, NJ, 07080 priced at $595,000 converts $3,041/mo rent into after a $2,912/mo obligation. Total monthly income equals $3,041/mo. Return on cash invested prints 12.71% in year one, and rental yield reads 6.13% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 65.44% and total cumulative return in cash sums $128,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,041/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Apartment
Built in N/A
3,049 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 |
|---|---|---|
| 2025-01-21 | Listed for sale | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Timothy P. Curran • Jack Pedersen Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3942376
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
