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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 421 Tappan Ave, Plainfield, NJ, 07063 priced at $889,000 pairs $3,960/mo rent with after a $4,351/mo payment. Total monthly income equals $3,960/mo. Return on cash invested is 10.31% in year one, and rental yield stands at 5.35% on a $889,000 basis. Equity gained on principal adds $5,737/yr, and 5% annual appreciation accumulates to $245,614 by year five. Five-year ROI measures 52.58% and total cumulative return in cash reaches $153,782. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $4,351/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07063, Plainfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,303 (100%) |
| Owner Occupied HU | 2,581 (60.0%) |
| Renter Occupied HU | 1,628 (37.8%) |
| Vacant Housing Units | 94 ( 2.2%) |
| Median Home Value | $433,067 |
| Average Home Value | $515,305 |
Residential
3,807
Single Family
3,631
Multi-Family
176
Businesses
121
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alexandra Esparza • Premier Homes
Mls Name: GSMLS
Mls ID: #3990656
