1247 Red Lion RdBearDE19701
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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
Investment property for sale in Bear at 1247 Red Lion Rd, Bear, DE, 19701 uses $115,992 cash to close to unlock $11,916/yr annual cash flow and $993/mo monthly cash flow. Total monthly income runs $3,018/mo, and a $1,713/mo payment keeps the spread at $993/mo. Purchase price stands at $349,900, and rental yield measures 10.35% with $3,018/mo rent. Return on cash invested shows 30.18% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 157.44% and total cumulative return in cash records $182,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,018/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.04 Acres 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 |
Housing Distribution
Address Breakdown
Residential
16,404
Single Family
14,748
Multi-Family
1,656
Businesses
920
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