121 Courtney Ln, Felton, DE, 19943 | $130/mo Cash Flow

For Sale

Listed for sale 7 days ago

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 Felton at 121 Courtney Ln, Felton, DE, 19943 uses $119,323 cash to close to unlock $1,560/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,213/mo, and a $1,762/mo payment keeps the spread at $130/mo. Purchase price stands at $359,950, and rental yield measures 7.38% with $2,213/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $99,448 over five years. Five-year ROI reaches 109.36% and total cumulative return in cash records $130,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,213/mo property income covering a $1,762/mo payment rather than investor’s personal income.

Single Family

Built in 1995

7,841 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19943, Felton, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,961 (100%)
Owner Occupied HU	4,838 (81.2%)
Renter Occupied HU	752 (12.6%)
Vacant Housing Units	371 ( 6.2%)
Median Home Value	$358,999
Average Home Value	$365,888