1 Rockridge Ter, Dover, NJ, 07801 | $400/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1 Rockridge Ter, Dover, NJ, 07801 | $400/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dover at 1 Rockridge Ter, Dover, NJ, 07801 generates $5,033/mo in rent and, after a $3,181/mo payment, leaves $400/mo in cash flow. Total monthly income is $5,033/mo, and annual cash flow is $4,804/yr on $213,850 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 9.29% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 116.91% and total cumulative return in cash sums $250,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,033/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this truly unique expanded ranch that offers endless possibilities for today's lifestyle! With an abundance of space, versatile rooms, and updates, this home is designed to impress. Step into the updated kitchen that flows seamlessly into a cozy family room, perfect for everyday living. Just beyond, you'll find an additional room that can be tailored to your needs whether it's for entertaining, a home gym or studio, a hobby space, or even a multi-media room. The Master Bedroom, features an incredible walk-in closet that must be seen to be believed. The finished lower level expands the living options even further, with potential for a home office, an au pair or in-law suite, or the ultimate "Sunday Game Day lounge. Enjoy quiet mornings or relaxing afternoons in the warm and inviting sun porch, surrounded by the peaceful beauty of nature. With ample storage, flexible spaces, and a floor plan that adapts to your lifestyle, this home is unlike anything else on the market. Conveniently located near Hedden Park, public transportation, and downtown Dover's restaurants and shopping, you'll have the best of both privacy and accessibility. This home is a must-see don't miss your chance to experience it for yourself

Neighborhood Data

Neighborhood data shown for ZIP Code: 07801, Dover, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,059 (100%)
Owner Occupied HU	4,572 (50.5%)
Renter Occupied HU	4,263 (47.1%)
Vacant Housing Units	224 ( 2.5%)
Median Home Value	$400,436
Average Home Value	$424,981