4 Micali Way, South Plainfield, NJ, 07080 | 5.64% Rental Yield

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4 Micali Way, South Plainfield, NJ, 07080 | 5.64% Rental Yield | 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 4 Micali Way, South Plainfield, NJ, 07080 offers $3,268/mo rent that, after a $3,402/mo payment. Total monthly income is $3,268/mo. Return on cash invested measures 11.21% in year one, and rental yield stands at 5.64% at a $695,000 entry. Equity gained on principal adds $4,485/yr while 5% annual appreciation compounds into $192,016 by year five. Five-year ROI records 57.4% and total cumulative return in cash reaches $131,250. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,268/mo property income versus a $3,402/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 2021

1,794 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this north/northwest facing (please confirm) 5 year old townhome in Celebrations!! Ample parking in front of this home makes it an ideal home for those who love to entertain. You are welcomed by a nice entry foyer and wooden flooring on the first floor. The sunlit great room and kitchen are perfect places to spend your days in . Upstairs features 3 spacious bedrooms all with walk in closets. The primary bedroom features tray ceilings, recessed lights, and a luxurious full bath. The second floor laundry is ideal for this cumbersome chore. The finished basement features a projector and Dolby 5.4.1 speakers, perfect for the parties or the movie nights! There is even a club house that features a game room, gym and an entertaining area!! Don't miss this beauty. Showings begin 11/17

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