1 Obsidian DrFeltonDE19943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Felton at 1 Obsidian Dr, Felton, DE, 19943 priced at $481,900 converts $3,167/mo rent into $378/mo cash flow after a $2,359/mo obligation. Total monthly income equals $3,167/mo, and annual cash flow totals $4,540/yr on $159,750 invested. Return on cash invested prints 22.75% in year one, and rental yield reads 7.89% against a $481,900 entry. Equity gained on principal adds $3,110/yr, while 5% annual appreciation compiles into $133,140 by year five. Five-year ROI reaches 117.57% and total cumulative return in cash sums $187,813. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,167/mo property income covering a $2,359/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19943, Felton, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,961 (100%) |
| Owner Occupied HU | 4,838 (81.2%) |
| Renter Occupied HU | 752 (12.6%) |
| Vacant Housing Units | 371 ( 6.2%) |
| Median Home Value | $358,999 |
| Average Home Value | $365,888 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,479
Multi-Family
0
Businesses
170
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Nearby investment properties with comparable prices