10169 Locust StLaurelDE19956
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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
Investment Highlights
Investment property for sale in Laurel at 10169 Locust St, Laurel, DE, 19956 uses $79,527 cash to close to unlock $5,077/yr annual cash flow and $423/mo monthly cash flow. Total monthly income runs $1,811/mo, and a $1,174/mo payment keeps the spread at $423/mo. Purchase price stands at $239,900, and rental yield measures 9.06% with $1,811/mo rent. Return on cash invested shows 26.29% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 136.6% and total cumulative return in cash records $108,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,811/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,070 (73.6%) |
| Renter Occupied HU | 1,329 (19.3%) |
| Vacant Housing Units | 491 ( 7.1%) |
| Median Home Value | $309,819 |
| Average Home Value | $358,145 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
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