10001 Frankford Way, Long Neck, DE, 19966 | Equity Gain $2,447/yr

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Long Neck at 10001 Frankford Way, Long Neck, DE, 19966 generates $0/mo in rent, after a $1,856/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.04% in year one, and rental yield is 0% on a $379,200 entry. Equity gained on principal adds $2,447/yr, while 5% annual appreciation builds toward $104,766 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19966, Millsboro, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,604 (100%)
Owner Occupied HU	14,179 (65.6%)
Renter Occupied HU	2,473 (11.4%)
Vacant Housing Units	4,952 (22.9%)
Median Home Value	$388,066
Average Home Value	$422,563