219 N Governors Ave, Dover, DE 19904

4 bd · 2 ba · 1,824 sqft · built 1905 · Dover · SINGLE_FAMILY·source listing ↗

$199,000

$212,500 first listed

seller intel

Price cut

−6.3%

from $212,500

Motivation score

34/100

OnePercent model (vv1)$2,437/mo

p10–p90 confidence band

HUD Fair Market Rent · 19904 · 4BR$2,180/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Kent

Flood risk indexRelatively High FEMA NRI

Median household income$66,908

Median area rent$1,370/mo

Median home value$309,400

the verdict

1.22%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$199,000

1.22% · rent $2,437

Intrinsic value · income approach

$372,637

47% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.