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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% |
Investment property for sale in South Plainfield at 644 Strassle Way, South Plainfield, NJ, 07080 earns $482/mo cash flow from $3,619/mo rent with a $2,154/mo payment. Total monthly income totals $3,619/mo, and annual cash flow totals $5,788/yr on $145,857 capital. ROI tracks 23.88% on current figures, and rental yield reads 9.87% at a $439,990 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,561 over five years. Five-year ROI reaches 125.37% and total cumulative return in cash sums $182,863. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,619/mo property income instead of your personal income.
Condo
Built in 2018
1,146 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07080, South Plainfield, NJ area.
| 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 |
Residential
8,329
Single Family
8,225
Multi-Family
104
Businesses
1,425
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Listed for sale | $439,990 |
| 2018-03-14 | Sold | $298,201 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $8119.93 | 4.55% | $116,298 | N/A |
| 2023-01-28 | $7766.38 | 1.26% | $116,298 | N/A |
| 2022-01-28 | $7669.85 | 2.41% | $116,298 | N/A |
Listed by: Veera Bodavula • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2507999R
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