16 S Delaware 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 16 S Delaware St, Smyrna, DE, 19977 priced at $255,600 pairs $2,736/mo rent with $1,257/mo cash flow after a $1,251/mo payment. Total monthly income equals $2,736/mo, and annual cash flow comes to $15,085/yr on $84,731 invested. Return on cash invested is 37.71% in year one, and rental yield stands at 12.85% on a $255,600 basis. Equity gained on principal adds $1,649/yr, and 5% annual appreciation accumulates to $70,618 by year five. Five-year ROI measures 197.84% and total cumulative return in cash reaches $167,632. For financing, Ziffy Mortgage’s DSCR program evaluates $2,736/mo property income against a $1,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
3,158 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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