16583 Laurel Rd, Laurel, DE, 19956 | $413/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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16583 Laurel Rd, Laurel, DE, 19956 | $413/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Laurel at 16583 Laurel Rd, Laurel, DE, 19956 listed at $199,000 pairs $1,564/mo rent with a $974/mo payment to leave $413/mo cash flow. Total monthly income runs $1,564/mo, and annual cash flow reaches $4,951/yr on $65,969 cash to close. Return on cash invested measures 27.41% in year one, and rental yield registers 9.43% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 142.59% and total cumulative return in cash totals $94,062. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,564/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2000

1.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Just listed a beautiful Class C ranch home on almost 1 1/2 acres. This three-bedroom 2-bathroom ranch home offers a spacious great room, open eat-in kitchen, primary bedroom with bath and walk-in closet ensuite, two guest bedrooms with bath and a laundry room. There are three outbuildings on the property that offer you plenty of storage. This is a great opportunity to have a spacious property with Sussex County AR-1 zoning rules and no subdivision restrictions. The property has been inherited by the seller and is being sold as-is. It is priced right and ready for you to make it your own! Call for an appointment today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,890 (100%)
Owner Occupied HU	5,070 (73.6%)
Renter Occupied HU	1,329 (19.3%)
Vacant Housing Units	491 ( 7.1%)
Median Home Value	$309,819
Average Home Value	$358,145