7 Dover Milton Rd, Oak Ridge, NJ, 07438 | 8.47% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
1554 sft

4 Mahogany Way, Randolph, NJ, 07869

4 Bed
3 Bath
- sft

588 Dell Rd, Landing, NJ, 07850

2 Bed
3 Bath
- sft

816 Buckland Ct, Denville, NJ, 07834

4 Bed
3 Bath
- sft

9 Florie Farm Rd, Mendham, NJ, 07945

Nearby investment properties with comparable prices

4 Bed
2 Bath
- sft

67 Elm St, Dover, NJ, 07801

3 Bed
2 Bath
- sft

3 Beechwood Dr, Succasunna, NJ, 07876

4 Bed
3 Bath
- sft

9 Fay Ave, Stanhope, NJ, 07874

3 Bed
3 Bath
1658 sft

18 Brock Ln, Hackettstown, NJ, 07840

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Oak Ridge at 7 Dover Milton Rd, Oak Ridge, NJ, 07438 with 5% annual appreciation on a $549,900 basis while $3,882/mo rent supports operations. 81% in year one. Equity gained on principal adds $3,548/yr, and five-year appreciation sums $151,927 alongside rental yield of 8.47%. Five-year ROI measures 103.53% and total cumulative return in cash totals $187,310. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,882/mo property income versus a $2,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1987

1.02 Acres lot

$N/A/sqft

No HOA

More details about the property

Gorgeous Updated Bi-Level on 1 Acre Lot! Welcome home to this beautifully maintained 4-bedroom, 2-bath bi-level nestled on a peaceful lot surrounded by nature. The main level features a bright and inviting living room with hardwood floors, recessed lighting, and a cozy wood-burning stove, perfect for chilly evenings. The updated kitchen boasts rich cherry cabinetry, stainless steel appliances, and a spacious dining area that opens to a large deck, ideal for outdoor dining and entertaining. The lower level offers a comfortable family room with direct access to the patio and backyard. Step outside to enjoy the expansive yard, complete with a fire pit area, 2 sheds, and ample space for gardening or play. Additional highlights include a 1-car garage, central air, updated baths, and a private wooded backdrop for serene living, all just minutes from local schools, parks, and major routes!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07438, Oak Ridge, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,377 (100%)
Owner Occupied HU	3,700 (84.5%)
Renter Occupied HU	445 (10.2%)
Vacant Housing Units	232 ( 5.3%)
Median Home Value	$501,326
Average Home Value	$517,297