1131 Deep Grass LnGreenwoodDE19950
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
Investment Highlights
Investment property for sale in Greenwood at 1131 Deep Grass Ln, Greenwood, DE, 19950 earns $227/mo cash flow from $1,616/mo rent with a $1,175/mo payment. Total monthly income totals $1,616/mo, and annual cash flow totals $2,724/yr on $79,560 capital. ROI tracks 23.33% on current figures, and rental yield reads 8.08% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash sums $96,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,616/mo property income instead of your personal income.
Manufactured
Built in 1996
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19950, Greenwood, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 2,341 (79.5%) |
| Renter Occupied HU | 386 (13.1%) |
| Vacant Housing Units | 217 ( 7.4%) |
| Median Home Value | $364,721 |
| Average Home Value | $408,818 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,792
Multi-Family
6
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices