1100 Madrid StTownsendDE19734
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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 1100 Madrid St, Townsend, DE, 19734 offers a 4.82% rental yield on a $575,000 purchase with $2,310/mo rent. 61% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 68.52% and total cumulative return in cash at $129,623. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,310/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.29 Acres 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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