507 Cedarbrook Ave, South Plainfield, NJ, 07080 | $55/mo Cash Flow

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507 Cedarbrook Ave, South Plainfield, NJ, 07080 | $55/mo Cash Flow | 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

Rental property for sale in South Plainfield at 507 Cedarbrook Ave, South Plainfield, NJ, 07080 priced at $545,000 converts $3,940/mo rent into $55/mo cash flow after a $2,668/mo obligation. Total monthly income equals $3,940/mo, and annual cash flow totals $658/yr on $179,305 invested. Return on cash invested prints 20.43% in year one, and rental yield reads 8.68% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 106.83% and total cumulative return in cash sums $191,544. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,940/mo property income covering a $2,668/mo payment, not borrower’s personal income.

Single Family

Built in 2019

5,702 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 507 Cedarbrook Ave - Practically New Construction in South Plainfield! Completely rebuilt in 2019 with full permits and approvals, this stunning 4-bedroom, 1-bath Colonial feels like a brand-new home. From the roof to the electric, plumbing, HVAC, tankless hot water heater, and walls everything is new. Just move right in and enjoy modern living at its best. Step inside to a sun-filled living room anchored by a sleek electric fireplace, perfect for cozy evenings. A versatile front room makes the ideal home office, guest room, or play space. The kitchen is a showstopper with rich maple cabinets, quartz countertops, stainless steel appliances, and a stylish backsplash, all opening to the formal dining room for effortless entertaining. A convenient laundry room with stacked washer/dryer completes the first floor. Upstairs, find three spacious bedrooms with closets and a full modern bath. The basement houses the new air handler and tankless water heater, plus access to the backyard. Outdoors, enjoy a large, fully paved backyard perfect for gatherings, summer BBQs, or relaxing weekends. The oversized 60x95 lot also features a double-wide cement driveway with room for multiple cars and even an electric vehicle charger. Luxury details include gleaming hardwood floors, recessed lighting throughout, energy-efficient windows, front and rear pavers, and dual-zone central AC & heat. All of this in a prime South Plainfield location near highly rated schools, Spring Lake Park with sports fields and tennis courts, and endless shopping and dining options just minutes away. Don't miss this move-in ready gem priced for immediate sale!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07080, South Plainfield, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,674 (100%)
Owner Occupied HU	6,720 (77.5%)
Renter Occupied HU	1,564 (18.0%)
Vacant Housing Units	390 ( 4.5%)
Median Home Value	$486,077
Average Home Value	$542,541