65 Meadowbrook RdRandolphNJ07869
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
Investment property for sale in Randolph at 65 Meadowbrook Rd, Randolph, NJ, 07869 offers a 6.81% rental yield on a $999,999 purchase with $5,674/mo rent. 76% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,281 over five years. Portfolio math shows five-year ROI at 76.43% and total cumulative return in cash at $251,463. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,674/mo property income against a $4,895/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.58 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: Michelle Pereira • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3985668