9 Swing Bridge LnSouth Bound BrookNJ08880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in South Bound Brook at 9 Swing Bridge Ln, South Bound Brook, NJ, 08880 offers $2,389/mo rent that, after a $2,396/mo payment. Total monthly income is $2,389/mo. Return on cash invested measures 11.77% in year one, and rental yield stands at 5.86% at a $489,500 entry. Equity gained on principal adds $3,159/yr while 5% annual appreciation compounds into $135,240 by year five. Five-year ROI records 60.44% and total cumulative return in cash reaches $98,075. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,389/mo property income versus a $2,396/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08880, South Bound Brook, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,078 (55.9%) |
| Renter Occupied HU | 789 (40.9%) |
| Vacant Housing Units | 61 ( 3.2%) |
| Median Home Value | $385,096 |
| Average Home Value | $438,207 |
Housing Distribution
Address Breakdown
Residential
1,925
Single Family
1,808
Multi-Family
117
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Casey • Re/Max Diamond Realtors
Mls Name: GSMLS
Mls ID: #4004915