706 Cedarbrook AveSouth 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 706 Cedarbrook Ave, South Plainfield, NJ, 07080 with 5% annual appreciation on a $500,000 basis while $4,134/mo rent supports operations. Total monthly income totals $4,134/mo and a $2,447/mo payment preserves $570/mo for cash returns. Annual cash flow comes to $6,844/yr on $165,750 deployed, and return on cash invested reaches 24.04% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 9.92%. Five-year ROI measures 126.22% and total cumulative return in cash totals $209,216.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,134/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MARIA MCFARLAND • GEMINI, LLC REALTY - C21
Mls Name: All Jersey MLS
Mls ID: #2610134R