800 Kenneth AveSouth PlainfieldNJ07080
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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
Investment Highlights
Rental property for sale in South Plainfield at 800 Kenneth Ave, South Plainfield, NJ, 07080 priced at $475,000 pairs $4,068/mo rent with $682/mo cash flow after a $2,325/mo payment. Total monthly income equals $4,068/mo, and annual cash flow comes to $8,186/yr on $157,463 invested. Return on cash invested is 25.11% in year one, and rental yield stands at 10.28% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 131.97% and total cumulative return in cash reaches $207,799. For financing, Ziffy Mortgage’s DSCR program evaluates $4,068/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
4,700 sqft 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
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Listed by: ROBERT J. COX • CROSSROADS REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2610153R