110 N Meadow DrTownsendDE19734
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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 Townsend at 110 N Meadow Dr, Townsend, DE, 19734 uses $107,406 cash to close to unlock $11,149/yr annual cash flow and $929/mo monthly cash flow. Total monthly income runs $2,804/mo, and a $1,586/mo payment keeps the spread at $929/mo. Purchase price stands at $324,000, and rental yield measures 10.39% with $2,804/mo rent. Return on cash invested shows 30.29% in year one, and 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 158.02% and total cumulative return in cash records $169,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,804/mo property income covering a $1,586/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19734, Townsend, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,326 (100%) |
| Owner Occupied HU | 4,785 (89.8%) |
| Renter Occupied HU | 319 ( 6.0%) |
| Vacant Housing Units | 222 ( 4.2%) |
| Median Home Value | $456,332 |
| Average Home Value | $472,179 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,950
Multi-Family
0
Businesses
164
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