16645 Adams RdLaurelDE19956
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
Investment property for sale in Laurel at 16645 Adams Rd, Laurel, DE, 19956 uses $115,992 cash to close to unlock $3,048/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,713/mo payment keeps the spread at $254/mo. Purchase price stands at $349,900, and rental yield measures 7.82% with $2,279/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 116.44% and total cumulative return in cash records $135,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1.22 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices