3313 Banta Rd, South Plainfield, NJ, 07080 | $997/mo Cash Flow

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3313 Banta Rd, South Plainfield, NJ, 07080 | $997/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

Investment property for sale in South Plainfield at 3313 Banta Rd, South Plainfield, NJ, 07080 listed at $499,000 pairs $4,553/mo rent with a $2,442/mo payment to leave $997/mo cash flow. Total monthly income runs $4,553/mo, and annual cash flow reaches $11,959/yr on $165,419 cash to close. Return on cash invested measures 27.14% in year one, and rental yield registers 10.95% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 142.84% and total cumulative return in cash totals $236,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,553/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1954

5,998 sqft lot

$N/A/sqft

No HOA

More details about the property

Well maintained ranch home with detached 2 car garage. 2 bedrooms, 2 full baths, eat in kitchen and Finished basement. Hardwood floors on first floor in bedrooms and living room. Bathrooms have been renovated. Eat in kitchen with SS appliances. Slider to back yard. Full fenced yard with paver patio. Very private. 2 car detached garage with electric. Finished basement with rec room, laundry room, utility room, full bath and possible home office.

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