16277 John Rowland Trl UNIT 1603MiltonDE19968
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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 Milton at 16277 John Rowland Trl UNIT 1603, Milton, DE, 19968 earns from $2,664/mo rent with a $2,080/mo payment. Total monthly income totals $2,664/mo. ROI tracks 19.11% on current figures, and rental yield reads 7.52% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 98.98% and total cumulative return in cash sums $139,413. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,664/mo property income instead of your personal income.
Apartment
Built in 2005
18.13 Acres lot
$N/A/sqft
$897 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19968, Milton, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 5,893 (70.0%) |
| Renter Occupied HU | 1,008 (12.0%) |
| Vacant Housing Units | 1,519 (18.0%) |
| Median Home Value | $471,069 |
| Average Home Value | $518,905 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,935
Multi-Family
1
Businesses
316
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Listed by: Lee Ann Wilkinson • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DESU2072180
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