2407 Dorchester RdUnionNJ07083
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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 Union at 2407 Dorchester Rd, Union, NJ, 07083 generates $4,534/mo in rent and, after a $2,943/mo payment, leaves $248/mo in cash flow. Total monthly income is $4,534/mo, and annual cash flow is $2,977/yr on $197,828 invested. Return on cash invested sits at 21.57% in year one, and rental yield is 9.05% on a $601,300 entry. Equity gained on principal adds $3,880/yr, while 5% annual appreciation builds toward $166,128 over five years. Five-year ROI reaches 112.95% and total cumulative return in cash sums $223,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,534/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Housing Distribution
Address Breakdown
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
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Listed by: N/A • N/A
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