1176 W 6th StLaurelDE19956
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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 Laurel at 1176 W 6th St, Laurel, DE, 19956 listed at $230,000 pairs $1,616/mo rent with a $1,126/mo payment to leave $285/mo cash flow. Total monthly income runs $1,616/mo, and annual cash flow reaches $3,419/yr on $76,245 cash to close. Return on cash invested measures 24.39% in year one, and rental yield registers 8.43% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 126.36% and total cumulative return in cash totals $96,343. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,616/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,070 (73.6%) |
| Renter Occupied HU | 1,329 (19.3%) |
| Vacant Housing Units | 491 ( 7.1%) |
| Median Home Value | $309,819 |
| Average Home Value | $358,145 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
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