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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Harrington at 110 Mechanic St UNIT A, Harrington, DE, 19952 priced at $324,000 converts $2,165/mo rent into $290/mo cash flow after a $1,586/mo obligation. Total monthly income equals $2,165/mo, and annual cash flow totals $3,481/yr on $107,406 invested. Return on cash invested prints 23.15% in year one, and rental yield reads 8.02% 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 119.72% and total cumulative return in cash sums $128,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,165/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
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Russell Griffin • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #DEKT2043056
