101 Lantern, Milton, DE, 19968 | $288/mo Cash Flow

For Sale

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 Milton at 101 Lantern, Milton, DE, 19968 priced at $468,690 converts $3,000/mo rent into $288/mo cash flow after a $2,294/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $3,457/yr on $155,371 invested. Return on cash invested prints 22.13% in year one, and rental yield reads 7.68% against a $468,690 entry. Equity gained on principal adds $3,024/yr, while 5% annual appreciation compiles into $129,490 by year five. Five-year ROI reaches 114.27% and total cumulative return in cash sums $177,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,294/mo payment, not borrower’s personal income.

Single Family

Built in 2025

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19968, Milton, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,420 (100%)
Owner Occupied HU	5,893 (70.0%)
Renter Occupied HU	1,008 (12.0%)
Vacant Housing Units	1,519 (18.0%)
Median Home Value	$471,069
Average Home Value	$518,905