11 John Hall Dr, Ocean View, DE, 19970 | $455/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1066 sft

205 125th St UNIT 208B2, Ocean City, MD, 21842

3 Bed
3 Bath
2100 sft

36342 Ridgeshore Ln, Millville, DE, 19967

3 Bed
2 Bath
1456 sft

644 Bridge Ln, Ocean View, DE, 19970

3 Bed
2 Bath
1202 sft

72 Capetown Rd, Ocean Pines, MD, 21811

Nearby investment properties with comparable prices

3 Bed
3 Bath
2480 sft

29739 Shellpoint Rd, Millsboro, DE, 19966

3 Bed
3 Bath
1768 sft

34300 Sandpiper Ln #1001, Long Neck, DE, 19966

3 Bed
3 Bath
2095 sft

24796 Wye Mill Ln, Millsboro, DE, 19966

3 Bed
2 Bath
1316 sft

33 Liberty St, Ocean Pines, MD, 21811

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Ocean View at 11 John Hall Dr, Ocean View, DE, 19970 priced at $419,000 converts $2,880/mo rent into $455/mo cash flow after a $2,051/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $5,465/yr on $138,899 invested. Return on cash invested prints 23.84% in year one, and rental yield reads 8.25% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 123.43% and total cumulative return in cash sums $171,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $2,051/mo payment, not borrower’s personal income.

Townhouse

Built in 2003

10.74 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19970, Ocean View, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,474 (100%)
Owner Occupied HU	4,415 (46.6%)
Renter Occupied HU	454 ( 4.8%)
Vacant Housing Units	4,605 (48.6%)
Median Home Value	$543,498
Average Home Value	$597,639