400 Grant AvePlainfieldNJ07060
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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 400 Grant Ave, Plainfield, NJ, 07060 with 5% annual appreciation on a $724,000 basis while $3,630/mo rent supports operations. 35% in year one. Equity gained on principal adds $4,672/yr, and five-year appreciation sums $200,028 alongside rental yield of 6.02%. Five-year ROI measures 63.52% and total cumulative return in cash totals $151,311. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,630/mo property income versus a $3,544/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
5,771 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07060, Plainfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,601 (100%) |
| Owner Occupied HU | 6,224 (39.9%) |
| Renter Occupied HU | 8,742 (56.0%) |
| Vacant Housing Units | 635 ( 4.1%) |
| Median Home Value | $460,913 |
| Average Home Value | $523,674 |
Housing Distribution
Address Breakdown
Residential
14,977
Single Family
11,780
Multi-Family
3,197
Businesses
1,199
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Listed by: Melissa Silva • M Square Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3969145
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