120 Channing Dr, Bear, DE, 19701 | $1,048/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

Rental property for sale in Bear at 120 Channing Dr, Bear, DE, 19701 offers $3,131/mo rent that, after a $1,762/mo payment, leaves $1,048/mo cash flow. Total monthly income is $3,131/mo, and annual cash flow is $12,577/yr on $119,307 cash. Return on cash invested measures 30.45% in year one, and rental yield stands at 10.44% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 158.88% and total cumulative return in cash reaches $189,554. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,131/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1984

3,920 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19701, Bear, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,521 (100%)
Owner Occupied HU	12,885 (78.0%)
Renter Occupied HU	3,089 (18.7%)
Vacant Housing Units	547 ( 3.3%)
Median Home Value	$385,141
Average Home Value	$401,688