110 Mechanic St Unit A, Harrington, DE, 19952 | $652/mo Cash Flow

For Sale

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

Rental property for sale in Harrington at 110 Mechanic St Unit A, Harrington, DE, 19952 priced at $324,000 converts $2,527/mo rent into $652/mo cash flow after a $1,586/mo obligation. Total monthly income equals $2,527/mo, and annual cash flow totals $7,825/yr on $107,406 invested. Return on cash invested prints 27.19% in year one, and rental yield reads 9.36% against a $324,000 entry. Equity gained on principal adds $2,091/yr, while 5% annual appreciation compiles into $89,515 by year five. Five-year ROI reaches 141.42% and total cumulative return in cash sums $151,895. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,527/mo property income covering a $1,586/mo payment, not borrower’s personal income.

Single Family

Built in 2022

6,055 sqft lot

$N/A/sqft

No HOA