606 Thomas Pl, Bound Brook, NJ, 08805 | $775/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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606 Thomas Pl, Bound Brook, NJ, 08805 | $775/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bound Brook at 606 Thomas Pl, Bound Brook, NJ, 08805 earns $775/mo cash flow from $3,127/mo rent with a $1,615/mo payment. Total monthly income totals $3,127/mo, and annual cash flow totals $9,300/yr on $109,395 capital. ROI tracks 28.41% on current figures, and rental yield reads 11.37% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 149.64% and total cumulative return in cash sums $163,703. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,127/mo property income instead of your personal income.

Single Family

Built in 1941

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated townhome in a prime central location! Just minutes from major highways, shopping, restaurants, Bridgewater Mall, and the outlets, this home offers both convenience and comfort. Step inside to find a stylishly renovated kitchen and bathroom, newer flooring throughout the main level, and brand new carpet upstairs. Major systems have been thoughtfully updated, including the roof (2022), HVAC, tankless water heater, and electric panel giving you peace of mind for years to come.Enjoy outdoor living in the fenced-in backyard, complete with a two-year-old gazebo, deck, and storage shed perfect for relaxing or entertaining. Additional features include LED lighting, upgraded outlets, central air, and attic offering extra space for storage.The basement offers a generous amount of additional space that can serve a variety of uses whether you're looking for storage, a hobby area, or just a place to spread out. It's a flexible bonus area that adds to the home's overall functionality.

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