7 Laurel Hill 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
Investment property for sale in Randolph at 7 Laurel Hill Dr, Randolph, NJ, 07869 with 5% annual appreciation on a $939,000 basis while $6,344/mo rent supports operations. 7% in year one. Equity gained on principal adds $6,059/yr, and five-year appreciation sums $259,428 alongside rental yield of 8.11%. Five-year ROI measures 97.58% and total cumulative return in cash totals $301,468. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,344/mo property income versus a $4,596/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.64 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: Juliana Pirtea • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3980590