149 Arrowgate DrRandolphNJ07869
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 Randolph at 149 Arrowgate Dr, Randolph, NJ, 07869 offers $4,280/mo rent that, after a $2,300/mo payment, leaves $562/mo cash flow. Total monthly income is $4,280/mo, and annual cash flow is $6,748/yr on $155,805 cash. Return on cash invested measures 24.24% in year one, and rental yield stands at 10.93% at a $470,000 entry. Equity gained on principal adds $3,033/yr while 5% annual appreciation compounds into $129,852 by year five. Five-year ROI records 128.34% and total cumulative return in cash reaches $199,953. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,280/mo property income versus a $2,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
N/A lot
$N/A/sqft
$350 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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Nearby investment properties with comparable prices
Listed by: Sylvia Wei Lin • Elite Realtors Of New Jersey
Mls Name: GSMLS
Mls Provider:
Mls ID: #3919408
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