2624 Village Rd LOT 100DoverPA17315
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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 2624 Village Rd LOT 100, Dover, PA, 17315 generates $2,720/mo in rent, after a $2,104/mo payment. Total monthly income is $2,720/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 7.59% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 98.97% and total cumulative return in cash sums $141,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,720/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17315, Dover, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,543 (100%) |
| Owner Occupied HU | 9,297 (80.5%) |
| Renter Occupied HU | 1,851 (16.0%) |
| Vacant Housing Units | 395 ( 3.4%) |
| Median Home Value | $277,601 |
| Average Home Value | $322,195 |
Housing Distribution
Address Breakdown
Residential
11,266
Single Family
11,266
Multi-Family
0
Businesses
291
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Listed by: Mrs. Stephanie M Wilson • Joseph A Myers Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PAYK2095522