1023 Wendover CtRandolphNJ07869
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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
Rental property for sale in Randolph at 1023 Wendover Ct, Randolph, NJ, 07869 generates $3,985/mo in rent, after a $2,565/mo payment. Total monthly income is $3,985/mo. Return on cash invested sits at 18.21% in year one, and rental yield is 9.13% on a $524,000 entry. Equity gained on principal adds $3,381/yr, while 5% annual appreciation builds toward $144,772 over five years. Five-year ROI reaches 96.26% and total cumulative return in cash sums $165,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,985/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
N/A lot
$N/A/sqft
$515 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07869, Randolph, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,544 (100%) |
| Owner Occupied HU | 6,953 (72.9%) |
| Renter Occupied HU | 2,335 (24.5%) |
| Vacant Housing Units | 256 ( 2.7%) |
| Median Home Value | $681,085 |
| Average Home Value | $728,556 |
Housing Distribution
Address Breakdown
Residential
9,418
Single Family
9,317
Multi-Family
101
Businesses
551
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Listed by: Terry Meola • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3980983
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