6 Theodore 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 6 Theodore Dr, Randolph, NJ, 07869 priced at $979,000 pairs $6,574/mo rent with after a $4,792/mo payment. Total monthly income equals $6,574/mo. Return on cash invested is 18.55% in year one, and rental yield stands at 8.06% on a $979,000 basis. Equity gained on principal adds $6,317/yr, and 5% annual appreciation accumulates to $270,480 by year five. Five-year ROI measures 96.78% and total cumulative return in cash reaches $311,722. For financing, Ziffy Mortgage’s DSCR program evaluates $6,574/mo property income against a $4,792/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
1.04 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: Lisa M Shaw • Re/Max House Values
Mls Name: GSMLS
Mls ID: #3974348