




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Randolph at 189 Center Grove Rd, Randolph, NJ, 07869 priced at $399,000 converts $3,020/mo rent into $176/mo cash flow after a $1,953/mo obligation. Total monthly income equals $3,020/mo, and annual cash flow totals $2,111/yr on $132,269 invested. Return on cash invested prints 21.5% in year one, and rental yield reads 9.08% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 112.63% and total cumulative return in cash sums $148,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,020/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07869, Randolph, NJ area.
| 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 |
Residential
9,418
Single Family
9,317
Multi-Family
101
Businesses
551
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Valerie Delaney • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3997228