415-417 Highland PlaceBound 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 415-417 Highland Place, Bound Brook, NJ, 08805 earns $671/mo cash flow from $6,016/mo rent with a $3,670/mo payment. Total monthly income totals $6,016/mo, and annual cash flow totals $8,055/yr on $246,717 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.63% at a $749,900 purchase. Equity gained on principal adds $4,839/yr, and 5% annual appreciation supports $207,184 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash sums $301,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,016/mo property income instead of your personal income.
Multi Family
Built in 1975
6,098 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: John Natale • Real Broker, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517407
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.