121 Garrisons Lake BlvdSmyrnaDE19977
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Smyrna at 121 Garrisons Lake Blvd, Smyrna, DE, 19977 at $379,900 posts ROI 23.03% with $327/mo cash flow from $2,525/mo rent. Total monthly income equals $2,525/mo, and annual cash flow records $3,927/yr on $125,937 to close. Return on cash invested measures 23.03% and rental yield reads 7.98% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 119.05% and total cumulative return in cash totals $149,933.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,525/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19977, Smyrna, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 8,859 (79.9%) |
| Renter Occupied HU | 1,695 (15.3%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $350,711 |
| Average Home Value | $357,988 |
Housing Distribution
Address Breakdown
Residential
10,762
Single Family
10,740
Multi-Family
22
Businesses
637
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