123 Edgewood TerSouth Bound BrookNJ08880
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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
Investment property for sale in South Bound Brook at 123 Edgewood Ter, South Bound Brook, NJ, 08880 with 5% annual appreciation on a $449,200 basis while $3,301/mo rent supports operations. Total monthly income totals $3,301/mo and a $2,199/mo payment preserves $99/mo for cash returns. Annual cash flow comes to $1,185/yr on $148,910 deployed, and return on cash invested reaches 20.71% in year one. Equity gained on principal adds $2,899/yr, and five-year appreciation sums $124,106 alongside rental yield of 8.82%. Five-year ROI measures 108.34% and total cumulative return in cash totals $161,335.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,301/mo property income versus a $2,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
6,098 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
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Listed by: Dawn Tunison • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3999805