25 Center Grove RdRandolphNJ07869
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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 25 Center Grove Rd, Randolph, NJ, 07869 offers $3,874/mo rent that, after a $2,790/mo payment. Total monthly income is $3,874/mo. Return on cash invested measures 18.85% in year one, and rental yield stands at 8.16% at a $570,000 entry. Equity gained on principal adds $3,678/yr while 5% annual appreciation compounds into $157,480 by year five. Five-year ROI records 98.37% and total cumulative return in cash reaches $184,477. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,874/mo property income versus a $2,790/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.09 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
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Listed by: John Labarre • Weichert Realtors Corp Hq
Mls Name: GSMLS
Mls ID: #3984454