124 Edgar RdTownsendDE19734
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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
Investment Highlights
Rental property for sale in Townsend at 124 Edgar Rd, Townsend, DE, 19734 priced at $539,900 converts $3,979/mo rent into $855/mo cash flow after a $2,643/mo obligation. Total monthly income equals $3,979/mo, and annual cash flow totals $10,255/yr on $177,627 invested. Return on cash invested prints 25.83% in year one, and rental yield reads 8.84% against a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation compiles into $149,164 by year five. Five-year ROI reaches 134.05% and total cumulative return in cash sums $238,111. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,979/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19734, Townsend, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,326 (100%) |
| Owner Occupied HU | 4,785 (89.8%) |
| Renter Occupied HU | 319 ( 6.0%) |
| Vacant Housing Units | 222 ( 4.2%) |
| Median Home Value | $456,332 |
| Average Home Value | $472,179 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,950
Multi-Family
0
Businesses
164
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