17236 Pine Water DrLewesDE19958
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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 Lewes at 17236 Pine Water Dr, Lewes, DE, 19958 earns $318/mo cash flow from $1,186/mo rent with a $734/mo payment. Total monthly income totals $1,186/mo, and annual cash flow totals $3,819/yr on $49,725 capital. ROI tracks 27.59% on current figures, and rental yield reads 9.49% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 143.58% and total cumulative return in cash sums $71,394. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,186/mo property income instead of your personal income.
Manufactured
Built in 1983
4.36 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 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
20,000
Multi-Family
456
Businesses
993
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