31 Edinburgh DrRandolphNJ07869
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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 31 Edinburgh Dr, Randolph, NJ, 07869 priced at $1,000,000 pairs $3,342/mo rent with after a $4,895/mo payment. Total monthly income equals $3,342/mo. Return on cash invested is 6.25% in year one, and rental yield stands at 4.01% on a $1,000,000 basis. Equity gained on principal adds $6,453/yr, and 5% annual appreciation accumulates to $276,282 by year five. Five-year ROI measures 30.8% and total cumulative return in cash reaches $101,332. For financing, Ziffy Mortgage’s DSCR program evaluates $3,342/mo property income against a $4,895/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
1.11 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: Douglas Tucker • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #4003841