7 Warren RdRandolphNJ07869
Nearby investment properties with comparable rents
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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 7 Warren Rd, Randolph, NJ, 07869 priced at $715,000 converts $5,399/mo rent into $302/mo cash flow after a $3,500/mo obligation. Total monthly income equals $5,399/mo, and annual cash flow totals $3,626/yr on $235,235 invested. Return on cash invested prints 21.6% in year one, and rental yield reads 9.06% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 113.14% and total cumulative return in cash sums $266,145. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,399/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.36 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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Nearby investment properties with comparable prices
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