12969 Russell RdBridgevilleDE19933
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
Investment property for sale in Bridgeville at 12969 Russell Rd, Bridgeville, DE, 19933 uses $53,007 cash to close to unlock $3,557/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,222/mo, and a $783/mo payment keeps the spread at $296/mo. Purchase price stands at $159,900, and rental yield measures 9.17% with $1,222/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 138.36% and total cumulative return in cash records $73,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19933, Bridgeville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,584 (100%) |
| Owner Occupied HU | 3,313 (72.3%) |
| Renter Occupied HU | 794 (17.3%) |
| Vacant Housing Units | 477 (10.4%) |
| Median Home Value | $339,797 |
| Average Home Value | $367,253 |
Housing Distribution
Address Breakdown
Residential
4,337
Single Family
4,284
Multi-Family
53
Businesses
241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Logan • Patterson-Schwartz-Hockessin
Mls Name: Bright MLS
Mls ID: #DESU2100920