Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 211 W 2nd St, Bound Brook, NJ, 08805 priced at $525,000 converts $3,745/mo rent into $3/mo cash flow after a $2,570/mo obligation. Total monthly income equals $3,745/mo, and annual cash flow totals $30/yr on $172,725 invested. Return on cash invested prints 20.08% in year one, and rental yield reads 8.56% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 104.96% and total cumulative return in cash sums $181,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,745/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Multi Family
Built in 1895
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 |
|---|---|---|
| 2025-01-22 | Listed for sale | $525,000 |
| 2012-03-07 | Listing removed | $199,000 |
| 2012-03-06 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $7049.78 | 5.57% | $310,700 | 9.71% |
| 2023-01-28 | $6677.86 | 12.95% | $283,200 | 12.51% |
| 2022-01-28 | $5912.21 | N/A | $251,700 | 19.80% |
Listed by: Katherine M. Fincher • Signature Realty Nj
Mls Name: GSMLS
Mls Provider:
Mls ID: #3942411
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 2024 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.
