Plainfield, NJ — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.1%

Below average

Monthly Cash Flow

-$1,375

After all expenses

Price-to-Rent

17.2

Overpriced for rent

DSCR

0.48

Fails

📊 Key Metrics

Median Home Price
$496,042
Average Rent (3BR)
$2,400/mo
Price-to-Rent Ratio
17.2(high)
1% Rule
0.48%(fails — need 1%+)
Cash-on-Cash Return
-14.5%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Plainfield for Investors

07063
Cap Rate: 3.6%Cash Flow: -$1,115/mo$486,690
07063
Cap Rate: 3.6%Cash Flow: -$1,115/mo$486,690
07062
Cap Rate: 3.1%Cash Flow: -$1,375/mo$496,042

All Zip Codes in Plainfield

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
070633.6%-$1,115$486,690$2,640/mo0.57
070633.6%-$1,115$486,690$2,640/mo0.57
070623.1%-$1,375$496,042$2,400/mo0.48
070623.1%-$1,375$496,042$2,400/mo0.48
070602.5%-$1,688$524,183$2,250/mo0.40
070602.5%-$1,688$524,183$2,250/mo0.40