126 E Buckingham DrRehoboth BeachDE19971
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
Total monthly income runs $4,070/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 4.44% with $4,070/mo rent. Return on cash invested shows 12.64% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 63.24% and total cumulative return in cash records $225,403. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,070/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,117 (100%) |
| Owner Occupied HU | 6,931 (38.3%) |
| Renter Occupied HU | 1,380 ( 7.6%) |
| Vacant Housing Units | 9,806 (54.1%) |
| Median Home Value | $664,792 |
| Average Home Value | $784,663 |
Housing Distribution
Address Breakdown
Residential
11,678
Single Family
11,217
Multi-Family
461
Businesses
1,323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Russell Griffin • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #DESU2099870