10 S Main StSelbyvilleDE19975
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 Selbyville at 10 S Main St, Selbyville, DE, 19975 priced at $479,000 converts $3,012/mo rent into $241/mo cash flow after a $2,344/mo obligation. Total monthly income equals $3,012/mo, and annual cash flow totals $2,891/yr on $158,789 invested. Return on cash invested prints 21.73% in year one, and rental yield reads 7.55% against a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation compiles into $132,339 by year five. Five-year ROI reaches 112.06% and total cumulative return in cash sums $177,939. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,012/mo property income covering a $2,344/mo payment, not borrower’s personal income.
Single Family
Built in 1921
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19975, Selbyville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,207 (100%) |
| Owner Occupied HU | 4,959 (53.9%) |
| Renter Occupied HU | 748 ( 8.1%) |
| Vacant Housing Units | 3,500 (38.0%) |
| Median Home Value | $508,771 |
| Average Home Value | $553,016 |
Housing Distribution
Address Breakdown
Residential
7,482
Single Family
6,335
Multi-Family
1,147
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deeley Chester • Coastal Life Realty Group LLC
Mls Name: Bright MLS
Mls ID: #DESU2095618