320 Lee PlPlainfieldNJ07063
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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
Investment Highlights
Investment property for sale in Plainfield at 320 Lee Pl, Plainfield, NJ, 07063 at $399,000 posts ROI 18.87% with from $2,730/mo rent. Total monthly income equals $2,730/mo. Return on cash invested measures 18.87% and rental yield reads 8.21% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 98.52% and total cumulative return in cash totals $130,310. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,730/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07063, Plainfield, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,807
Single Family
3,631
Multi-Family
176
Businesses
121
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Listed by: Anthony Gallego • Asante Realty Group Llc
Mls Name: GSMLS
Mls ID: #4007022