110 E King StSeafordDE19973
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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 Seaford at 110 E King St, Seaford, DE, 19973 uses $109,064 cash to close to unlock $3,728/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $2,214/mo, and a $1,610/mo payment keeps the spread at $311/mo. Purchase price stands at $329,000, and rental yield measures 8.08% with $2,214/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash records $131,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,214/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1888
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19973, Seaford, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,058 (100%) |
| Owner Occupied HU | 7,606 (68.8%) |
| Renter Occupied HU | 2,693 (24.4%) |
| Vacant Housing Units | 759 ( 6.9%) |
| Median Home Value | $329,209 |
| Average Home Value | $453,272 |
Housing Distribution
Address Breakdown
Residential
10,793
Single Family
10,487
Multi-Family
306
Businesses
852
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