162 Linden AveBound BrookNJ08805
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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
Rental property for sale in Bound Brook at 162 Linden Ave, Bound Brook, NJ, 08805 offers $3,642/mo rent that, after a $1,859/mo payment, leaves $935/mo cash flow. Total monthly income is $3,642/mo, and annual cash flow is $11,215/yr on $125,937 cash. Return on cash invested measures 28.81% in year one, and rental yield stands at 11.5% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 151.82% and total cumulative return in cash reaches $191,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,642/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,811 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08805, Bound Brook, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,970
Single Family
4,610
Multi-Family
360
Businesses
495
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Listed by: GEORGE E. MIKHAEL • REAL
Mls Name: All Jersey MLS
Mls ID: #2607944R