11762 Buckingham DrDelmarDE19940
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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 Delmar at 11762 Buckingham Dr, Delmar, DE, 19940 uses $106,080 cash to close to unlock $14,996/yr annual cash flow and $1,250/mo monthly cash flow. Total monthly income runs $3,101/mo, and a $1,566/mo payment keeps the spread at $1,250/mo. Purchase price stands at $320,000, and rental yield measures 11.63% with $3,101/mo rent. Return on cash invested shows 34.05% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 178.13% and total cumulative return in cash records $188,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,101/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2007
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19940, Delmar, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,675 (100%) |
| Owner Occupied HU | 2,027 (75.8%) |
| Renter Occupied HU | 482 (18.0%) |
| Vacant Housing Units | 166 ( 6.2%) |
| Median Home Value | $337,554 |
| Average Home Value | $456,906 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,678
Multi-Family
1
Businesses
271
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