93 Prospect St AbDoverNJ07801
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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
Total monthly income runs $3,091/mo, and a $2,716/mo payment. Purchase price stands at $555,000, and rental yield measures 6.68% with $3,091/mo rent. Return on cash invested shows 14.38% in year one, and 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 74.4% and total cumulative return in cash records $135,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,091/mo property income covering a $2,716/mo payment rather than investor’s personal income.
Multi Family
Built in 1887
8,276 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: Tracy Roberts • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3925138
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