16449 Polk RdBridgevilleDE19933
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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 Bridgeville at 16449 Polk Rd, Bridgeville, DE, 19933 uses $74,588 cash to close to unlock $3,161/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $1,101/mo payment keeps the spread at $263/mo. Purchase price stands at $225,000, and rental yield measures 8.35% with $1,565/mo rent. Return on cash invested shows 24.15% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 125.07% and total cumulative return in cash records $93,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19933, Bridgeville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,584 (100%) |
| Owner Occupied HU | 3,313 (72.3%) |
| Renter Occupied HU | 794 (17.3%) |
| Vacant Housing Units | 477 (10.4%) |
| Median Home Value | $339,797 |
| Average Home Value | $367,253 |
Housing Distribution
Address Breakdown
Residential
4,337
Single Family
4,284
Multi-Family
53
Businesses
241
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Listed by: Julleanna Seely • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #DESU2102700