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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 248 W High St, Bound Brook, NJ, 08805 priced at $575,000 pairs $3,960/mo rent with after a $2,814/mo payment. Total monthly income equals $3,960/mo. Return on cash invested is 19.18% in year one, and rental yield stands at 8.26% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 100.16% and total cumulative return in cash reaches $189,479. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
7,405 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ashley Nicole Krushinski • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3984328
