619 Hancock StSouth PlainfieldNJ07080
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in South Plainfield at 619 Hancock St, South Plainfield, NJ, 07080 at $439,900 posts ROI 20.58% with $82/mo cash flow from $3,217/mo rent. Total monthly income equals $3,217/mo, and annual cash flow records $979/yr on $145,827 to close. Return on cash invested measures 20.58% and rental yield reads 8.78% at the current $439,900. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 by year five. Five-year ROI prints 107.69% and total cumulative return in cash totals $157,035.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,217/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1919
5,401 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,329
Single Family
8,225
Multi-Family
104
Businesses
1,425
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Listed by: JEAN PIERRE OVIEDO • WORLD CLASS REALTY GROUP
Mls Name: All Jersey MLS
Mls ID: #2609439R