16117 Willow Creek Rd, Lewes, DE, 19958 | 2.25% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1683 sft

611 Adams Dr, Milford, DE, 19963

Investment Property+ 1 more

4 Bed
3 Bath
1944 sft

333 Carlton Dr, Milton, DE, 19968

4 Bed
2 Bath
1571 sft

50 Cedar Beach Rd, Milford, DE, 19963

3 Bed
2 Bath
1604 sft

61 Old Forge Dr, Ocean View, DE, 19970

Nearby investment properties with comparable prices

4 Bed
2 Bath
3930 sft

The Bethany Plan, Fishers Cove, Lewes, DE, 19958

3 Bed
2 Bath
1265 sft

903 N Edgewater House Rd, Bethany Beach, DE, 19930

4 Bed
3 Bath
4430 sft

The Chesapeake Plan, Fishers Cove, Lewes, DE, 19958

3 Bed
2 Bath
4124 sft

The Jameson Plan, Fishers Cove, Lewes, DE, 19958

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

Total monthly income runs $3,098/mo, and a $8,076/mo payment. Purchase price stands at $1,650,000, and rental yield measures 2.25% with $3,098/mo rent. Return on cash invested shows 5.89% in year one, and 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 27.04% and total cumulative return in cash records $144,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,098/mo property income covering a $8,076/mo payment rather than investor’s personal income.

Single Family

Built in 1986

8.61 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,534 (100%)
Owner Occupied HU	14,199 (60.3%)
Renter Occupied HU	2,726 (11.6%)
Vacant Housing Units	6,609 (28.1%)
Median Home Value	$533,378
Average Home Value	$591,039