771 Ravine Rd, Plainfield, NJ, 07062 | $903/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

771 Ravine Rd, Plainfield, NJ, 07062 | $903/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
- sft

193 North Street, Belle Mead, NJ, 08502

5 Bed
6 Bath
- sft

44 Hillcrest Rd, Martinsville, NJ, 08836

4 Bed
4 Bath
4924 sft

10 Julie Ct, Somerset, NJ, 08873

4 Bed
4 Bath
- sft

38 Coppermine Rd, Princeton, NJ, 08540

Nearby investment properties with comparable prices

4 Bed
3 Bath
2421 sft

197 Great Hills Rd, Bridgewater, NJ, 08807

4 Bed
3 Bath
- sft

10 E Dreahook Rd, Whitehouse Station, NJ, 08889

4 Bed
3 Bath
2382 sft

11 Schaal St, Bridgewater, NJ, 08807

4 Bed
3 Bath
- sft

4 Hickory Hill Rd, Hillsborough, NJ, 08844

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Plainfield at 771 Ravine Rd, Plainfield, NJ, 07062 offers a 9.79% rental yield on a $875,000 purchase with $7,140/mo rent. Total monthly income registers $7,140/mo, and a $4,283/mo payment leaves $903/mo available for distribution. Annual cash flow reaches $10,834/yr on $287,875 to close, and return on cash invested stands at 23.82% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 125.04% and total cumulative return in cash at $359,951. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,140/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1942

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home at 771 Ravine Road, Plainfield, NJ! This stunning 12-room Colonial masterpiece, nestled in the picturesque historical district of Netherwood Heights. This gem offers timeless tudor architecture and modern elegance. Featuring 7 bedrooms with ensuites, 3 full bathrooms and 3 half bathrooms, this spacious residence boasts a bright, colonial floor plan with refinished floors, a center foyer, and kitchen perfect for entertaining. Enjoy the luxury of a finished walkout basement, ideal for a home office, recreation room, or additional living space, plus 2 kitchens and a fireplace for added convenience and charm. The property includes a 2-car garage, Tudor exterior, and beautifully landscaped grounds, all within close proximity to train access, a great location and offering a serene retreat. Don't miss this rare opportunity schedule your tour today! listing sales person is related to the owner of the property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07062, Plainfield, NJ area.

Housing Distribution

Housing Statistics

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