409-411 John St, Plainfield, NJ, 07060 | 3.81% Rental Yield

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409-411 John St, Plainfield, NJ, 07060 | 3.81% 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

Investment property for sale in Plainfield at 409-411 John St, Plainfield, NJ, 07060 earns from $2,378/mo rent with a $3,664/mo payment. Total monthly income totals $2,378/mo. ROI tracks 5.65% on current figures, and rental yield reads 3.81% at a $748,500 purchase. Equity gained on principal adds $4,830/yr, and 5% annual appreciation supports $206,797 over five years. Five-year ROI reaches 27.58% and total cumulative return in cash sums $67,923. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,378/mo property income instead of your personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

UNDER CONSTRUCTION " Welcome to 409 John St, a stunning new construction Colonial offering approximately 2,489 sq ft of living space in a prime Plainfield location. This 4 bedroom, 4 bathroom residence blends timeless design with modern luxury and high end finishes. The grand foyer introduces the main level, highlighted by soaring ceilings, a formal living room, an elegant dining room, private office, full bathroom, and attached garage. The designer kitchen features custom cabinetry, high end countertops, premium appliances, a large center island, and sliding doors to a backyard patio perfect for indoor or outdoor entertaining. Upstairs, the primary suite boasts tray ceilings, two walk in closets, and a spa-inspired bath tub, dual vanities, and shower. Three additional bedrooms, with en-suite bathrooms and convenient laundry. Additional highlights include proximity to top rated schools, shopping, dining, and NYC transportation, as well as a 10 year builder warranty. This home also qualifies for a 5-year tax abatement and a homebuyer grant (down payment and closing cost assistance available through approved providers). The current photos are renderings for illustration purposes only. Final finishes and layouts may vary. We are looking to secure a buyer prior to the completion of the home.

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