115 Trailer 5 St #A031Delaware CityDE19706
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 115 Trailer 5 St #A031, Delaware City, DE, 19706 in Delaware City the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $124,900 price is below income-first thresholds, but 5%/yr value growth projects $34,508 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $634.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Delaware City market data in our database. Property projections are estimates.
Manufactured
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19706, Delaware City, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 629 (78.0%) |
| Renter Occupied HU | 130 (16.1%) |
| Vacant Housing Units | 47 ( 5.8%) |
| Median Home Value | $334,459 |
| Average Home Value | $337,631 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19706, Delaware City, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 629 (78.0%) |
| Renter Occupied HU | 130 (16.1%) |
| Vacant Housing Units | 47 ( 5.8%) |
| Median Home Value | $334,459 |
| Average Home Value | $337,631 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Brooke May-Lynch • Keller Williams Real Estate - Media
Mls Name: Bright MLS
Mls ID: #DENC2091282