403 Dove Dr, Newark, DE, 19713 | $437/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

Rental property for sale in Newark at 403 Dove Dr, Newark, DE, 19713 offers $3,214/mo rent that, after a $2,349/mo payment, leaves $437/mo cash flow. Total monthly income is $3,214/mo, and annual cash flow is $5,244/yr on $159,120 cash. Return on cash invested measures 23.2% in year one, and rental yield stands at 8.04% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 119.97% and total cumulative return in cash reaches $190,889. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,214/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

0.38 Acres lot

$N/A/sqft

No HOA