183 Baker StDoverNJ07801
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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 Dover at 183 Baker St, Dover, NJ, 07801 listed at $499,800 pairs $2,979/mo rent with a $2,446/mo payment. Total monthly income runs $2,979/mo. Return on cash invested measures 15.68% in year one, and rental yield registers 7.15% at a $499,800 basis. Equity gained on principal adds $3,225/yr, and annual property appreciation at 5% supports $138,086 by year five. Five-year ROI tracks 81.41% and total cumulative return in cash totals $134,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,979/mo property income relative to a $2,446/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
4,791 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,566
Single Family
7,892
Multi-Family
674
Businesses
664
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Listed by: George Rodriguez • Signature Realty Nj
Mls Name: GSMLS
Mls Provider:
Mls ID: #3956410
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