212 Charring Cross DrDoverDE19904
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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 212 Charring Cross Dr, Dover, DE, 19904 uses $82,875 cash to close to unlock $4,033/yr annual cash flow and $336/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $1,224/mo payment keeps the spread at $336/mo. Purchase price stands at $250,000, and rental yield measures 8.56% with $1,783/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 128.46% and total cumulative return in cash records $106,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1997
5,009 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 |
Housing Distribution
Address Breakdown
Residential
15,492
Single Family
14,609
Multi-Family
883
Businesses
937
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