33 Shongum 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
Total monthly income runs $2,962/mo, and a $2,447/mo payment. Purchase price stands at $499,999, and rental yield measures 7.11% with $2,962/mo rent. Return on cash invested shows 15.55% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 80.73% and total cumulative return in cash records $133,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,962/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1971
2.60 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: Anthony Frederico • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4007398