619 HARTRIDGE PLACE, Plainfield, NJ, 07060 | 7.9% Rental Yield

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619 HARTRIDGE PLACE, Plainfield, NJ, 07060 | 7.9% 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

Rental property for sale in Plainfield at 619 HARTRIDGE PLACE, Plainfield, NJ, 07060 offers $3,613/mo rent that, after a $2,687/mo payment. Total monthly income is $3,613/mo. Return on cash invested measures 18.07% in year one, and rental yield stands at 7.9% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 94.16% and total cumulative return in cash reaches $170,072. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,613/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1941

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! This beautifully maintained Colonial is tucked away on a quiet block in a desirable Plainfield neighborhood. It blends classic charm with modern updates perfect for today's lifestyle. Inside, dark maple hardwood floors flow throughout, complemented by a wood-burning fireplace with stone surround and built-in shelving. The formal dining room looks out to a lush backyard, with an area for potting for gardeners and also perfect for playdates and weekend BBQs. The updated kitchen features stainless steel appliances, quartz countertops, double sink, breakfast nook and pantry. Additional upgrades include a sauna & jetted bathtub. The finished basement offers flexible space for a playroom and office, laundry, storage, and pantry plenty of room to grow. Recent updates include: NEW HVAC with 10 yr warranty, NEW hot water heater and NEW roof! Cool hang-out space in Garage set up by owners with electric (currently used as storage space).

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