713 Lawrence RdBound 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 713 Lawrence Rd, Bound Brook, NJ, 08805 with 5% annual appreciation on a $474,900 basis while $3,080/mo rent supports operations. 59% in year one. Equity gained on principal adds $3,064/yr, and five-year appreciation sums $131,206 alongside rental yield of 7.78%. Five-year ROI measures 91.63% and total cumulative return in cash totals $144,251. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,080/mo property income versus a $2,324/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
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: Linda Tronolone • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3964819
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