1 Saint Agnes StFredericaDE19946
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 Frederica at 1 Saint Agnes St, Frederica, DE, 19946 offers $1,188/mo rent that, after a $734/mo payment, leaves $320/mo cash flow. Total monthly income is $1,188/mo, and annual cash flow is $3,843/yr on $49,725 cash. Return on cash invested measures 27.64% in year one, and rental yield stands at 9.5% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 143.84% and total cumulative return in cash reaches $71,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,188/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
9,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19946, Frederica, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,090 (100%) |
| Owner Occupied HU | 1,563 (74.8%) |
| Renter Occupied HU | 354 (16.9%) |
| Vacant Housing Units | 173 ( 8.3%) |
| Median Home Value | $355,351 |
| Average Home Value | $352,639 |
Housing Distribution
Address Breakdown
Residential
1,743
Single Family
1,743
Multi-Family
0
Businesses
55
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