16 Swing Bridge LaneSouth 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
Rental property for sale in South Bound Brook at 16 Swing Bridge Lane, South Bound Brook, NJ, 08880 offers $3,634/mo rent that, after a $2,374/mo payment. Total monthly income is $3,634/mo. Return on cash invested measures 18.22% in year one, and rental yield stands at 8.99% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 96.1% and total cumulative return in cash reaches $154,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,634/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$225 monthly 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: Todd Koller • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3966517
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.