151 Laurel AveLaurelDE19956
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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 Laurel at 151 Laurel Ave, Laurel, DE, 19956 with 5% annual appreciation on a $124,900 basis while $977/mo rent supports operations. Total monthly income totals $977/mo and a $611/mo payment preserves $255/mo for cash returns. Annual cash flow comes to $3,056/yr on $41,404 deployed, and return on cash invested reaches 27.29% in year one. Equity gained on principal adds $806/yr, and five-year appreciation sums $34,508 alongside rental yield of 9.39%. Five-year ROI measures 141.92% and total cumulative return in cash totals $58,762.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $977/mo property income versus a $611/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1993
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,070 (73.6%) |
| Renter Occupied HU | 1,329 (19.3%) |
| Vacant Housing Units | 491 ( 7.1%) |
| Median Home Value | $309,819 |
| Average Home Value | $358,145 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
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