








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bound Brook at 102 W Franklin St, Bound Brook, NJ, 08805 priced at $499,900 pairs $3,960/mo rent with $397/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,960/mo, and annual cash flow comes to $4,759/yr on $165,717 invested. Return on cash invested is 22.78% in year one, and rental yield stands at 9.51% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 119.48% and total cumulative return in cash reaches $198,000. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1926
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08805, Bound Brook, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,580 (100%) |
| Owner Occupied HU | 2,430 (43.5%) |
| Renter Occupied HU | 2,753 (49.3%) |
| Vacant Housing Units | 397 ( 7.1%) |
| Median Home Value | $469,615 |
| Average Home Value | $583,534 |
Residential
4,970
Single Family
4,610
Multi-Family
360
Businesses
495
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kevin Boyle • Re/Max Preferred Professionals
Mls Name: GSMLS
Mls ID: #3989769