Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 North Plainfield at 69 Meadowbrook Rd, North Plainfield, NJ, 07062 uses $172,725 cash to close to unlock $68,724/yr annual cash flow and $5,727/mo monthly cash flow. Total monthly income runs $9,480/mo, and a $2,570/mo payment keeps the spread at $5,727/mo. Purchase price stands at $525,000, and rental yield measures 21.67% with $9,480/mo rent. Return on cash invested shows 59.85% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 318.25% and total cumulative return in cash records $549,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,480/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1942
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07062, Plainfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 2,813 (52.8%) |
| Renter Occupied HU | 2,167 (40.6%) |
| Vacant Housing Units | 351 ( 6.6%) |
| Median Home Value | $449,784 |
| Average Home Value | $543,400 |
Residential
5,276
Single Family
4,476
Multi-Family
800
Businesses
221
Date | Event | Price |
|---|---|---|
| 2024-10-06 | Listed for sale | $525,000 |
| 2001-06-01 | Sold | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $11047.40 | 5.46% | $260,000 | N/A |
| 2022-10-16 | $10475.40 | N/A | $260,000 | N/A |
| 2021-10-16 | N/A | N/A | $260,000 | N/A |
Listed by: Peter Boutros • Exp Realty, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3927615
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
