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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Dover, DE

Currently Rented
Rental Income
$ 299,000
ROI
36.2
Cash Flow/m
1370- 6 Bed
- - Bath
- 2326 sft
25 S New St, Dover, DE, 19904

$ 332,990
ROI
26.1
Cash Flow/m
584- 3 Bed
- 2 Bath
- 1219 sft
SULLIVAN Plan, Eden Hill, Dover, DE, 19904

$ 350,990
ROI
21.1
Cash Flow/m
129- 3 Bed
- 2 Bath
- 1573 sft
BRANDYWINE Plan, Eden Hill, Dover, DE, 19904

$ 350,000
ROI
24.0
Cash Flow/m
414- 4 Bed
- 2 Bath
- 1676 sft
34 N Governors Ave, Dover, DE, 19904
Why Invest in Dover, Delaware?
Multi-family properties in Dover, DE offer strong investment potential with steady rental demand from government workers and military personnel. Average rents around $1,600 support solid cash flows while cap rates hover at 6-7%. The city's stable economy and 2-3% annual appreciation make it ideal for long-term holds. Low vacancy rates under 5% ensure consistent occupancy. With renter-occupied housing at 38%, demand remains robust.
8.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$1620/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
Dover's stable government and military jobs create consistent rental demand. Low vacancy rates and 2-3% appreciation support reliable returns. Multi-family properties benefit from economies of scale in management.
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