3843 Castle Dr LOT 193DoverPA17315
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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 3843 Castle Dr LOT 193, Dover, PA, 17315 generates $2,160/mo in rent and, after a $1,255/mo payment, leaves $480/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $5,758/yr on $84,997 invested. Return on cash invested sits at 26.68% in year one, and rental yield is 10.11% on a $256,400 entry. Equity gained on principal adds $1,655/yr, while 5% annual appreciation builds toward $70,839 over five years. Five-year ROI reaches 139.66% and total cumulative return in cash sums $118,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,969 sqft 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: Lindsey Wood • Joseph A Myers Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PAYK2095792