127 Black Cherry DrCamden-wyomingDE19934
INVESTMENT ANALYSIS
Investment Verdict
Solid Income127 Black Cherry Dr, Camden-wyoming, DE, 19934 in Camden-wyoming is a solid income-producing rental, 9.32% gross yield, $2,836/mo rent, $699/mo net cash flow on a $365,000 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $100,843 and $3,362/yr in principal reduction project a total cumulative return of $184,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $699 | $8,500 |
City averages based on Camden-wyoming market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,836 |
| Total Monthly Debt Service | $1,967 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
5,968 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19934, Camden Wyoming, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,786 (77.7%) |
| Renter Occupied HU | 1,100 (17.9%) |
| Vacant Housing Units | 275 ( 4.5%) |
| Median Home Value | $376,125 |
| Average Home Value | $407,896 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,743
Multi-Family
21
Businesses
336
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
Single Family
Built in 2018
5,968 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19934, Camden Wyoming, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 4,786 (77.7%) |
| Renter Occupied HU | 1,100 (17.9%) |
| Vacant Housing Units | 275 ( 4.5%) |
| Median Home Value | $376,125 |
| Average Home Value | $407,896 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,743
Multi-Family
21
Businesses
336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Oberdorf • Bryan Realty Group
Mls Name: Bright MLS
Mls ID: #DEKT2043376