20 Sherwood Ct, Dover, DE, 19904 | $461/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dover at 20 Sherwood Ct, Dover, DE, 19904 priced at $298,000 converts $2,186/mo rent into $461/mo cash flow after a $1,459/mo obligation. Total monthly income equals $2,186/mo, and annual cash flow totals $5,535/yr on $98,787 invested. Return on cash invested prints 25.51% in year one, and rental yield reads 8.8% against a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation compiles into $82,332 by year five. Five-year ROI reaches 132.4% and total cumulative return in cash sums $130,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,186/mo property income covering a $1,459/mo payment, not borrower’s personal income.

Single Family

Built in 1959

7,318 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19904, Dover, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,822 (100%)
Owner Occupied HU	10,137 (64.1%)
Renter Occupied HU	4,740 (30.0%)
Vacant Housing Units	945 ( 6.0%)
Median Home Value	$328,152
Average Home Value	$331,931