129 Oak Lane DrLaurelDE19956
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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 Laurel at 129 Oak Lane Dr, Laurel, DE, 19956 with 5% annual appreciation on a $349,000 basis while $2,473/mo rent supports operations. Total monthly income totals $2,473/mo and a $1,708/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,446/yr on $115,694 deployed, and return on cash invested reaches 24.62% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 8.5%. Five-year ROI measures 127.56% and total cumulative return in cash totals $147,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,473/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,070 (73.6%) |
| Renter Occupied HU | 1,329 (19.3%) |
| Vacant Housing Units | 491 ( 7.1%) |
| Median Home Value | $309,819 |
| Average Home Value | $358,145 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
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