7 Overlook DrDumontNJ07628
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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 Dumont at 7 Overlook Dr, Dumont, NJ, 07628 with 5% annual appreciation on a $599,900 basis while $2,640/mo rent supports operations. 11% in year one. Equity gained on principal adds $3,871/yr, and five-year appreciation sums $165,741 alongside rental yield of 5.28%. Five-year ROI measures 51.54% and total cumulative return in cash totals $101,716. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $2,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07628, Dumont, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,545 (100%) |
| Owner Occupied HU | 4,640 (70.9%) |
| Renter Occupied HU | 1,773 (27.1%) |
| Vacant Housing Units | 132 ( 2.0%) |
| Median Home Value | $525,975 |
| Average Home Value | $564,629 |
Housing Distribution
Address Breakdown
Residential
6,510
Single Family
6,275
Multi-Family
235
Businesses
363
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Listed by: Colleen Fisco • RE/MAX Integrity
Mls Name: NJMLS
Mls ID: #26003169