13 N Howard StSmyrnaDE19977
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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
Rental property for sale in Smyrna at 13 N Howard St, Smyrna, DE, 19977 generates $2,039/mo in rent and, after a $616/mo payment, leaves $1,311/mo in cash flow. Total monthly income is $2,039/mo, and annual cash flow is $15,729/yr on $41,736 invested. Return on cash invested sits at 57.6% in year one, and rental yield is 19.43% on a $125,900 entry. Equity gained on principal adds $812/yr, while 5% annual appreciation builds toward $34,784 over five years. Five-year ROI reaches 304.43% and total cumulative return in cash sums $127,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,039/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19977, Smyrna, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 8,859 (79.9%) |
| Renter Occupied HU | 1,695 (15.3%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $350,711 |
| Average Home Value | $357,988 |
Housing Distribution
Address Breakdown
Residential
10,762
Single Family
10,740
Multi-Family
22
Businesses
637
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