142 Franklin AveLewesDE19958
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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 Lewes at 142 Franklin Ave, Lewes, DE, 19958 earns from $2,311/mo rent with a $5,540/mo payment. Total monthly income totals $2,311/mo. ROI tracks 6.47% on current figures, and rental yield reads 2.45% at a $1,131,800 purchase. Equity gained on principal adds $7,303/yr, and 5% annual appreciation supports $312,695 over five years. Five-year ROI reaches 30.17% and total cumulative return in cash sums $110,635. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,311/mo property income instead of your personal income.
Single Family
Built in 1900
5,000 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,534 (100%) |
| Owner Occupied HU | 14,199 (60.3%) |
| Renter Occupied HU | 2,726 (11.6%) |
| Vacant Housing Units | 6,609 (28.1%) |
| Median Home Value | $533,378 |
| Average Home Value | $591,039 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
20,000
Multi-Family
456
Businesses
993
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