910 Schoolhouse Ln, Dover, DE, 19904 | $765/mo Cash Flow

For Sale

Listed for sale 5 days ago

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 910 Schoolhouse Ln, Dover, DE, 19904 generates $2,674/mo in rent and, after a $1,615/mo payment, leaves $765/mo in cash flow. Total monthly income is $2,674/mo, and annual cash flow is $9,178/yr on $109,362 invested. Return on cash invested sits at 28.3% in year one, and rental yield is 9.73% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 147.31% and total cumulative return in cash sums $161,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,674/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

9,409 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