150 West St, Magnolia, DE, 19962 | $361/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

150 West St, Magnolia, DE, 19962 | $361/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
606 sft

318 Carter Ave, Denton, MD, 21629

3 Bed
2 Bath
1664 sft

501 Lincoln St, Denton, MD, 21629

3 Bed
2 Bath
1880 sft

8088 Jamesway Ln, Greenwood, DE, 19950

3 Bed
2 Bath
- sft

897 Horsepen Rd, Felton, DE, 19943

Nearby investment properties with comparable prices

2 Bed
1 Bath
700 sft

601 Cedar Ln, Greensboro, MD, 21639

3 Bed
2 Bath
744 sft

16 Abbotts Pond Rd, Greenwood, DE, 19950

3 Bed
1 Bath
1144 sft

2567 Sandtown Rd, Felton, DE, 19943

2 Bed
2 Bath
1349 sft

16 W Howard St, Viola, DE, 19979

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Magnolia at 150 West St, Magnolia, DE, 19962 priced at $169,900 pairs $1,344/mo rent with $361/mo cash flow after a $832/mo payment. Total monthly income equals $1,344/mo, and annual cash flow comes to $4,326/yr on $56,322 invested. Return on cash invested is 27.59% in year one, and rental yield stands at 9.49% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 143.54% and total cumulative return in cash reaches $80,846. For financing, Ziffy Mortgage’s DSCR program evaluates $1,344/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 1981

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Property is being sold "As Is" The roof was replaced in 2018. The hot water heater is 3 years old. The kitchen was updated in 2014. Large fenced rear yard. Home needs TLC .This would make a great investment property. Seller prefers cash offers. The central Air is now working,

Neighborhood Data

Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,236 (100%)
Owner Occupied HU	4,190 (80.0%)
Renter Occupied HU	864 (16.5%)
Vacant Housing Units	182 ( 3.5%)
Median Home Value	$403,559
Average Home Value	$400,849