106 Delaware AveBridgevilleDE19933
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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 Bridgeville at 106 Delaware Ave, Bridgeville, DE, 19933 uses $122,622 cash to close to unlock $10,394/yr annual cash flow and $866/mo monthly cash flow. Total monthly income runs $3,006/mo, and a $1,810/mo payment keeps the spread at $866/mo. Purchase price stands at $369,900, and rental yield measures 9.75% with $3,006/mo rent. Return on cash invested shows 28.39% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 147.79% and total cumulative return in cash records $181,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,006/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19933, Bridgeville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,584 (100%) |
| Owner Occupied HU | 3,313 (72.3%) |
| Renter Occupied HU | 794 (17.3%) |
| Vacant Housing Units | 477 (10.4%) |
| Median Home Value | $339,797 |
| Average Home Value | $367,253 |
Housing Distribution
Address Breakdown
Residential
4,337
Single Family
4,284
Multi-Family
53
Businesses
241
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Listed by: SEAN STEWARD • Century 21 Home Team Realty
Mls Name: Bright MLS
Mls ID: #DESU2101334