414 Mineral Springs DrDoverNJ07801
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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 414 Mineral Springs Dr, Dover, NJ, 07801 earns from $2,338/mo rent with a $4,405/mo payment. Total monthly income totals $2,338/mo. ROI tracks 3.54% on current figures, and rental yield reads 3.12% at a $899,900 purchase. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 over five years. Five-year ROI reaches 16.26% and total cumulative return in cash sums $48,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,338/mo property income instead of your personal income.
Single Family
Built in 1940
0.73 Acres 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: Erin Lastra • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #4006296