1183 Longridge RdClaytonDE19938
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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 Clayton at 1183 Longridge Rd, Clayton, DE, 19938 earns $266/mo cash flow from $2,407/mo rent with a $1,811/mo payment. Total monthly income totals $2,407/mo, and annual cash flow totals $3,193/yr on $122,655 capital. ROI tracks 22.51% on current figures, and rental yield reads 7.81% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 116.3% and total cumulative return in cash sums $142,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,407/mo property income instead of your personal income.
Single Family
Built in 1987
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19938, Clayton, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,284 (100%) |
| Owner Occupied HU | 3,795 (88.6%) |
| Renter Occupied HU | 355 ( 8.3%) |
| Vacant Housing Units | 134 ( 3.1%) |
| Median Home Value | $395,957 |
| Average Home Value | $402,605 |
Housing Distribution
Address Breakdown
Residential
3,481
Single Family
3,481
Multi-Family
0
Businesses
117
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