120 Louis AveSouth Bound BrookNJ08880
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 Bound Brook at 120 Louis Ave, South Bound Brook, NJ, 08880 at $480,000 posts ROI 23.54% with $482/mo cash flow from $3,920/mo rent. Total monthly income equals $3,920/mo, and annual cash flow records $5,782/yr on $159,120 to close. Return on cash invested measures 23.54% and rental yield reads 9.8% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 123.59% and total cumulative return in cash totals $196,661.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08880, South Bound Brook, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,078 (55.9%) |
| Renter Occupied HU | 789 (40.9%) |
| Vacant Housing Units | 61 ( 3.2%) |
| Median Home Value | $385,096 |
| Average Home Value | $438,207 |
Housing Distribution
Address Breakdown
Residential
1,925
Single Family
1,808
Multi-Family
117
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Montes • Re/Max Select
Mls Name: GSMLS
Mls Provider:
Mls ID: #3956687
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.