401 N Governors Ave, Dover, DE, 19904 | $619/mo Cash Flow

For Sale

Fix & Flip

Rental Income

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

Rental property for sale in Dover at 401 N Governors Ave, Dover, DE, 19904 offers $2,546/mo rent that, after a $1,630/mo payment, leaves $619/mo cash flow. Total monthly income is $2,546/mo, and annual cash flow is $7,429/yr on $110,390 cash. Return on cash invested measures 26.64% in year one, and rental yield stands at 9.17% at a $333,000 entry. Equity gained on principal adds $2,149/yr while 5% annual appreciation compounds into $92,002 by year five. Five-year ROI records 138.44% and total cumulative return in cash reaches $152,825. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,546/mo property income versus a $1,630/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

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