319 W Water St, Dover, DE, 19904 | $212/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dover at 319 W Water St, Dover, DE, 19904 listed at $244,900 pairs $1,629/mo rent with a $1,199/mo payment to leave $212/mo cash flow. Total monthly income runs $1,629/mo, and annual cash flow reaches $2,540/yr on $81,184 cash to close. Return on cash invested measures 23.04% in year one, and rental yield registers 7.98% at a $244,900 basis. Equity gained on principal adds $1,580/yr, and annual property appreciation at 5% supports $67,661 by year five. Five-year ROI tracks 119.1% and total cumulative return in cash totals $96,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,629/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1938

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