119 Millbrook AveRandolphNJ07869
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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 119 Millbrook Ave, Randolph, NJ, 07869 generates $3,604/mo in rent and, after a $2,165/mo payment, leaves $451/mo in cash flow. Total monthly income is $3,604/mo, and annual cash flow is $5,412/yr on $146,656 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 9.78% on a $442,400 entry. Equity gained on principal adds $2,855/yr, while 5% annual appreciation builds toward $122,227 over five years. Five-year ROI reaches 123.85% and total cumulative return in cash sums $181,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,604/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
10,018 sqft lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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