329 Manson Pl, Plainfield, NJ, 07063 | $860/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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329 Manson Pl, Plainfield, NJ, 07063 | $860/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 Plainfield at 329 Manson Pl, Plainfield, NJ, 07063 priced at $434,900 pairs $3,960/mo rent with $860/mo cash flow after a $2,129/mo payment. Total monthly income equals $3,960/mo, and annual cash flow comes to $10,317/yr on $144,169 invested. Return on cash invested is 27.06% in year one, and rental yield stands at 10.93% on a $434,900 basis. Equity gained on principal adds $2,806/yr, and 5% annual appreciation accumulates to $120,155 by year five. Five-year ROI measures 142.45% and total cumulative return in cash reaches $205,373. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1972

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Introducing a charming 4-bedroom, 1-bathroom colonial-style home nestled in the heart of Plainfield, New Jersey. This delightful residence strikes a perfect balance between timeless elegance and modern convenience. Upon entering, you are greeted by a spacious living area that effortlessly leads you to the rest of the home. The four bedrooms are generously sized, offering plenty of room for rest, relaxation, and personal creativity. The full bathroom has been thoughtfully designed to cater to today's lifestyle demands. A standout feature of this home is the convenience of a first-floor laundry area, adding to the practicality of the layout. This feature, along with other recent updates, ensures that the home is move-in ready. The kitchen, equipped with all essential appliances, opens out to a sizable dining area, making meal times a delight. The open layout invites a flow of conversation and allows natural light to cascade through the home. Outside, you'll find a spacious fenced-in yard, perfect for outdoor entertainment or simply enjoying a quiet afternoon in the sun. This outdoor space is sure to be the backdrop of many cherished memories. In summary, this home is not only aesthetically pleasing with its colonial charm, but it also caters to every practical need. Don't miss this opportunity to call this gem in Plainfield, New Jersey, your home.

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