35 Woodmont DrRandolphNJ07869
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
Investment Highlights
Rental property for sale in Randolph at 35 Woodmont Dr, Randolph, NJ, 07869 priced at $620,000 pairs $4,885/mo rent with $465/mo cash flow after a $3,035/mo payment. Total monthly income equals $4,885/mo, and annual cash flow comes to $5,584/yr on $203,980 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 9.45% on a $620,000 basis. Equity gained on principal adds $4,001/yr, and 5% annual appreciation accumulates to $171,295 by year five. Five-year ROI measures 119.55% and total cumulative return in cash reaches $243,867. For financing, Ziffy Mortgage’s DSCR program evaluates $4,885/mo property income against a $3,035/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1994
N/A 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: Zachary Demopoulos • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3978268