22 Chatham CtDoverDE19901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Dover at 22 Chatham Ct, Dover, DE, 19901 priced at $250,000 pairs $1,675/mo rent with $228/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,675/mo, and annual cash flow comes to $2,737/yr on $82,875 invested. Return on cash invested is 23.21% in year one, and rental yield stands at 8.04% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 120.08% and total cumulative return in cash reaches $99,514. For financing, Ziffy Mortgage’s DSCR program evaluates $1,675/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices