12 Folkstone Ln, Lewes, DE, 19958 | $1,108/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lewes at 12 Folkstone Ln, Lewes, DE, 19958 offers a 11.97% rental yield on a $264,700 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,296/mo payment leaves $1,108/mo available for distribution. Annual cash flow reaches $13,296/yr on $87,748 to close, and return on cash invested stands at 35.06% in year one. Equity gained on principal adds $1,708/yr while 5% annual appreciation supports $73,132 over five years. Portfolio math shows five-year ROI at 183.54% and total cumulative return in cash at $161,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,534 (100%)
Owner Occupied HU	14,199 (60.3%)
Renter Occupied HU	2,726 (11.6%)
Vacant Housing Units	6,609 (28.1%)
Median Home Value	$533,378
Average Home Value	$591,039