17300 N Village Main Blvd UNIT 66, Lewes, DE, 19958 | $415/mo Cash Flow

For Sale

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 Lewes at 17300 N Village Main Blvd UNIT 66, Lewes, DE, 19958 listed at $385,500 pairs $2,646/mo rent with a $1,887/mo payment to leave $415/mo cash flow. Total monthly income runs $2,646/mo, and annual cash flow reaches $4,983/yr on $127,793 cash to close. Return on cash invested measures 23.81% in year one, and rental yield registers 8.24% at a $385,500 basis. Equity gained on principal adds $2,488/yr, and annual property appreciation at 5% supports $106,507 by year five. Five-year ROI tracks 123.25% and total cumulative return in cash totals $157,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,646/mo property income relative to a $1,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2005

N/A 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