107 Bay Hill LnMagnoliaDE19962
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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 Magnolia at 107 Bay Hill Ln, Magnolia, DE, 19962 with 5% annual appreciation on a $315,000 basis while $2,196/mo rent supports operations. Total monthly income totals $2,196/mo and a $1,542/mo payment preserves $373/mo for cash returns. Annual cash flow comes to $4,478/yr on $104,423 deployed, and return on cash invested reaches 24.2% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.37%. Five-year ROI measures 125.35% and total cumulative return in cash totals $130,889.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,196/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2009
3,093 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,236 (100%) |
| Owner Occupied HU | 4,190 (80.0%) |
| Renter Occupied HU | 864 (16.5%) |
| Vacant Housing Units | 182 ( 3.5%) |
| Median Home Value | $403,559 |
| Average Home Value | $400,849 |
Housing Distribution
Address Breakdown
Residential
5,202
Single Family
5,202
Multi-Family
0
Businesses
83
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