100 Cedar St #1LewesDE19958
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
Total monthly income runs $1,906/mo, and a $3,915/mo payment. Purchase price stands at $799,900, and rental yield measures 2.86% with $1,906/mo rent. Return on cash invested shows 7.65% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 36.52% and total cumulative return in cash records $96,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,906/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in 2015
2,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,534 (100%) |
| Owner Occupied HU | 14,199 (60.3%) |
| Renter Occupied HU | 2,726 (11.6%) |
| Vacant Housing Units | 6,609 (28.1%) |
| Median Home Value | $533,378 |
| Average Home Value | $591,039 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
20,000
Multi-Family
456
Businesses
993
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices