70 Ann Ave, Dover, DE, 19904 | $635/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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70 Ann Ave, Dover, DE, 19904 | $635/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 70 Ann Ave, Dover, DE, 19904 offers $2,024/mo rent that, after a $1,175/mo payment, leaves $635/mo cash flow. Total monthly income is $2,024/mo, and annual cash flow is $7,620/yr on $79,560 cash. Return on cash invested measures 29.49% in year one, and rental yield stands at 10.12% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 153.67% and total cumulative return in cash reaches $122,258. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,024/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1956

9,148 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the charm of 70 Ann Ave in Dover Heights! A Pre-Listing Home Inspection has been performed on this home with the seller addressing concerns before listing. This classic ranch-style home, offers well-maintained living space featuring three comfortable bedrooms and a full bath. The inviting layout includes a warm front room that opens to a country-style kitchen. The spacious rear yard has a privacy fence, Pergola and Fire Table and is perfect for gatherings and making memories. Sold As-Is, but with peace of mind! The sellers recently completed a home inspection and have already addressed key concerns, making this property a rare find for its condition and value. Also the Roof includes a transferable warranty to new owners. Enjoy a spacious front and rear yard ideal for outdoor fun, two handy storage sheds, and a welcoming back porch to sip your morning coffee or unwind at sunset. Sidewalks throughout the neighborhood encourage easy walks and neighborly connections. Location and lifestyle in one! Just minutes from public transportation, parks, and top-rated Dover schools and Universities this home delivers both convenience and community. With essential appliancesincluding a built-in gas range, New Refrigerator, washer, dryeralready in place, 70 Ann Ave is move-in ready and waiting for you to make it your own. Come see where comfort meets opportunity!

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