232 Rojan Rd #12DoverDE19901
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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 232 Rojan Rd #12, Dover, DE, 19901 offers a 7.35% rental yield on a $317,500 purchase with $1,945/mo rent. Total monthly income registers $1,945/mo, and a $1,554/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,295/yr on $105,251 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $2,049/yr while 5% annual appreciation supports $87,719 over five years. Portfolio math shows five-year ROI at 108.9% and total cumulative return in cash at $114,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,945/mo property income against a $1,554/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
4,480 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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