








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Plainfield at 401 US Highway 22 BLDG 29 #29 A, Plainfield, NJ, 07060 generates $2,269/mo in rent and, after a $1,199/mo payment, leaves $108/mo in cash flow. Total monthly income is $2,269/mo, and annual cash flow is $1,294/yr on $81,218 invested. Return on cash invested sits at 21.5% in year one, and rental yield is 11.11% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 114.85% and total cumulative return in cash sums $93,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,269/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$415 monthly HOA
Neighborhood data shown for ZIP Code: 07060, Plainfield, NJ area.
| 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 |
Residential
14,977
Single Family
11,780
Multi-Family
3,197
Businesses
1,199
Date | Event | Price |
|---|---|---|
| 2023-08-09 | Listing removed | N/A |
| 2023-05-01 | Pending sale | $180,000 |
| 2023-04-10 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ana Nogueira • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3976970
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