160 Berks RdSmyrnaDE19977
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 160 Berks Rd, Smyrna, DE, 19977 priced at $432,864 converts $1,920/mo rent into after a $2,119/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 15.02% in year one, and rental yield reads 5.32% against a $432,864 entry. Equity gained on principal adds $2,793/yr, while 5% annual appreciation compiles into $119,592 by year five. Five-year ROI reaches 76.11% and total cumulative return in cash sums $109,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $2,119/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
