189 Center Grove RdRandolphNJ07869
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 189 Center Grove Rd, Randolph, NJ, 07869 in Randolph. Priced at $399,000, it generates $3,412/mo in gross rent and $568/mo in net monthly cash flow, a 10.26% yield that comfortably supports the 1.90 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,811. Five-year appreciation: $110,236. Equity from principal paydown: $3,675/yr. Total projected cumulative return: $189,473.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $568 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,412 |
| Total Monthly Debt Service | $2,685 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
0.42 Acres 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
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
Single Family
Built in 1955
0.42 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Delaney • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3997228