106 Mitscher RdDoverDE19901
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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 106 Mitscher Rd, Dover, DE, 19901 with 5% annual appreciation on a $235,000 basis while $2,280/mo rent supports operations. Total monthly income totals $2,280/mo and a $1,150/mo payment preserves $920/mo for cash returns. Annual cash flow comes to $11,046/yr on $77,903 deployed, and return on cash invested reaches 34.09% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 11.64%. Five-year ROI measures 178.37% and total cumulative return in cash totals $138,952.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
9,017 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19901, Dover, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,735 (100%) |
| Owner Occupied HU | 8,921 (56.7%) |
| Renter Occupied HU | 5,654 (35.9%) |
| Vacant Housing Units | 1,160 ( 7.4%) |
| Median Home Value | $326,344 |
| Average Home Value | $326,110 |
Housing Distribution
Address Breakdown
Residential
15,074
Single Family
13,907
Multi-Family
1,167
Businesses
1,370
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