4 Micali WaySouth PlainfieldNJ07080
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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
Rental property for sale in South Plainfield at 4 Micali Way, South Plainfield, NJ, 07080 offers $3,222/mo rent that, after a $3,402/mo payment. Total monthly income is $3,222/mo. Return on cash invested measures 10.97% in year one, and rental yield stands at 5.56% 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 56.1% and total cumulative return in cash reaches $128,286. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,222/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
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 |
Housing Distribution
Address Breakdown
Residential
8,329
Single Family
8,225
Multi-Family
104
Businesses
1,425
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Listed by: ALKA ANEJA • ON TRACK REALTY
Mls Name: All Jersey MLS
Mls ID: #2607544R