14904 Channel Run, Ellendale, DE, 19941 | 6.93% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ellendale at 14904 Channel Run, Ellendale, DE, 19941 listed at $448,935 pairs $2,592/mo rent with a $2,197/mo payment. Total monthly income runs $2,592/mo. Return on cash invested measures 19.87% in year one, and rental yield registers 6.93% at a $448,935 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,032 by year five. Five-year ROI tracks 102.09% and total cumulative return in cash totals $151,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,592/mo property income relative to a $2,197/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19941, Ellendale, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,386 (100%)
Owner Occupied HU	1,034 (74.6%)
Renter Occupied HU	244 (17.6%)
Vacant Housing Units	108 ( 7.8%)
Median Home Value	$347,115
Average Home Value	$371,431