220 N Bradford StDoverDE19904
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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
Rental property for sale in Dover at 220 N Bradford St, Dover, DE, 19904 priced at $299,000 converts $1,080/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 12.04% in year one, and rental yield reads 4.33% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 60.16% and total cumulative return in cash sums $59,626. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1900
7,405 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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