1100 Stoney Brook Cir Unit 1104Rehoboth BeachDE19971
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1100 Stoney Brook Cir Unit 1104, Rehoboth Beach, DE, 19971 in Rehoboth Beach speaks for itself: 10.55% gross on a $410,000 price, generating $2,070/mo in rent and $938/mo in net income after the $1,844/mo debt service. DSCR 1.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,254 stacks alongside $113,275 in projected five-year appreciation and $3,776/yr in principal reduction. Projected total cumulative return: $135,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.2% |
| Monthly Cash Flow | $938 | $18,500 |
City averages based on Rehoboth Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,070 |
| Total Monthly Debt Service | $2,209 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,117 (100%) |
| Owner Occupied HU | 6,931 (38.3%) |
| Renter Occupied HU | 1,380 ( 7.6%) |
| Vacant Housing Units | 9,806 (54.1%) |
| Median Home Value | $664,792 |
| Average Home Value | $784,663 |
Housing Distribution
Address Breakdown
Residential
11,678
Single Family
11,217
Multi-Family
461
Businesses
1,323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,117 (100%) |
| Owner Occupied HU | 6,931 (38.3%) |
| Renter Occupied HU | 1,380 ( 7.6%) |
| Vacant Housing Units | 9,806 (54.1%) |
| Median Home Value | $664,792 |
| Average Home Value | $784,663 |
Housing Distribution
Address Breakdown
Residential
11,678
Single Family
11,217
Multi-Family
461
Businesses
1,323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MARIE DISPOTO • Coldwell Banker Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DESU2083574