265 Metape Circle SBound 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
Investment property for sale in Bound Brook at 265 Metape Circle S, Bound Brook, NJ, 08805 with 5% annual appreciation on a $540,000 basis while $4,050/mo rent supports operations. Total monthly income totals $4,050/mo and a $2,643/mo payment preserves $201/mo for cash returns. Annual cash flow comes to $2,412/yr on $177,660 deployed, and return on cash invested reaches 21.42% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 9%. Five-year ROI measures 112.13% and total cumulative return in cash totals $199,202.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,050/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1937
10,500 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: Kathleen Perri • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls ID: #22600627