109 Skeet Cir E, Bear, DE, 19701 | $813/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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109 Skeet Cir E, Bear, DE, 19701 | $813/mo Cash Flow | Ziffy

For Sale

Listed for sale 1 day ago

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

Investment property for sale in Bear at 109 Skeet Cir E, Bear, DE, 19701 offers a 9.59% rental yield on a $369,000 purchase with $2,948/mo rent. Total monthly income registers $2,948/mo, and a $1,806/mo payment leaves $813/mo available for distribution. Annual cash flow reaches $9,756/yr on $122,324 to close, and return on cash invested stands at 27.88% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 145.07% and total cumulative return in cash at $177,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,948/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

The first thing you will notice when you pull up to 109 Skeet Circle East is its curb appeal! Nestled near the cul-de-sac, this 3-bedroom, 1.5 bath home immediately welcomes you and invites you to come inside and stay awhile! Step inside to fresh paint, new 6-panel doors, and LVP flooring. The living room and formal dining room flow from one into the other, with the kitchen at the back of the house. The kitchen offers a huge pantry and a breakfast nook with a sliding door to the covered deck and yard, complete with a brand-new six-foot privacy fence. The covered deck includes caf lighting, an electric smoker, a mini fridge, an outside TV, and a bar; all included! The second floor offers three bedrooms (all freshly painted), with ceiling fans and large closets. The carpet is about five years old and in pristine condition. The full bathroom has new flooring and a vanity. The basement is finished with paneling, carpet, and fresh paint. The Bowflex and the Treadmill are listed as inclusions. There is a separate laundry area in the basement, approximately an eight-year-old washer and dryer included. The basement, combined with a one-car garage and a shed in the backyard, offers plenty of storage. Do not miss out on the opportunity to be moved into this turn-key, no work needed, quick closing, home by the holidays! It is waiting for you! Book your showing now! A few more notable improvements to consider: -7-year-old Roof -5-year-old HVAC -5-year-old water heater -5-year-old LVP flooring -7-year-old windows on front and back of house -1-year-old six-foot privacy fence -5-year-old Manifold plumbing system -Pellet stove -300-gallon propane tank for heating -Nest surveillance cameras -Above-ground pool included -Additional inclusions: Chest freezer, electric smoker, mini-fridge, outside

Neighborhood Data

Neighborhood data shown for ZIP Code: 19701, Bear, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,521 (100%)
Owner Occupied HU	12,885 (78.0%)
Renter Occupied HU	3,089 (18.7%)
Vacant Housing Units	547 ( 3.3%)
Median Home Value	$385,141
Average Home Value	$401,688