417 Victor St, Scotch Plains, NJ, 07076 | 5.18% Rental Yield

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417 Victor St, Scotch Plains, NJ, 07076 | 5.18% 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 Scotch Plains at 417 Victor St, Scotch Plains, NJ, 07076 at $799,999 posts ROI 9.8% with from $3,452/mo rent. Total monthly income equals $3,452/mo. Return on cash invested measures 9.8% and rental yield reads 5.18% at the current $799,999. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 by year five. Five-year ROI prints 49.84% and total cumulative return in cash totals $131,179. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,452/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1954

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Newly renovated in 2025 with an enlarged new master bedroom, an on-suite, and a walk-in closet. The home offers fast EV charging and a new 200amp electrical panel. This spacious four-bedroom, three full-bathroom split-level home is a true gem, offering both comfort and functionality for anyone. As you step inside, you'll be greeted by beautiful hardwood floors that lead you into the inviting living room, the perfect place to relax and call home. The dining room flows seamlessly into the kitchen, making it an ideal space for entertaining. Downstairs, the large family room offers ample space for gatherings, and it conveniently connects to the laundry room, a full bath and an exit to the fenced-in yard with a paver patio, perfect for outdoor living and entertaining. Upstairs you'll find three generously sized bedrooms and an updated full bathroom. Just a few more steps take you to the large master bedroom with a walk-in closet, a master on-suite and access to a walk-up attic for additional storage or future expansion. In addition, the house has been equipped with new wired security cameras for full coverage, along with a connection for the ring security system. New floodlights have also been added to the front and back patio areas. With so many features and spaces to enjoy, this home has so much to offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07076, Scotch Plains, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,413 (100%)
Owner Occupied HU	7,002 (74.4%)
Renter Occupied HU	1,929 (20.5%)
Vacant Housing Units	482 ( 5.1%)
Median Home Value	$747,684
Average Home Value	$786,962