








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Hockessin at 121 S Colts Neck Way, Hockessin, DE, 19707 priced at $849,900 pairs $3,960/mo rent with after a $4,160/mo payment. Total monthly income equals $3,960/mo. Return on cash invested is 15.95% in year one, and rental yield stands at 5.59% on a $849,900 basis. Equity gained on principal adds $5,484/yr, and 5% annual appreciation accumulates to $234,812 by year five. Five-year ROI measures 81.06% and total cumulative return in cash reaches $226,646. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19707, Hockessin, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,502 (100%) |
| Owner Occupied HU | 5,823 (89.6%) |
| Renter Occupied HU | 502 ( 7.7%) |
| Vacant Housing Units | 177 ( 2.7%) |
| Median Home Value | $556,921 |
| Average Home Value | $573,991 |
Residential
6,403
Single Family
5,870
Multi-Family
533
Businesses
701
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Mike Walton • BHHS Fox & Roach - Hockessin
Mls Name: Bright MLS
Mls ID: #DENC2087354