18844 Cool Spring RdMiltonDE19968
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 Milton at 18844 Cool Spring Rd, Milton, DE, 19968 earns $125/mo cash flow from $2,210/mo rent with a $1,764/mo payment. Total monthly income totals $2,210/mo, and annual cash flow totals $1,495/yr on $119,506 capital. ROI tracks 21.16% on current figures, and rental yield reads 7.36% at a $360,500 purchase. Equity gained on principal adds $2,326/yr, and 5% annual appreciation supports $99,600 over five years. Five-year ROI reaches 109.02% and total cumulative return in cash sums $130,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,210/mo property income instead of your personal income.
Manufactured
Built in 2000
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19968, Milton, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 5,893 (70.0%) |
| Renter Occupied HU | 1,008 (12.0%) |
| Vacant Housing Units | 1,519 (18.0%) |
| Median Home Value | $471,069 |
| Average Home Value | $518,905 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,935
Multi-Family
1
Businesses
316
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Nearby investment properties with comparable prices
Listed by: Debbie Reed • RE/MAX Realty Group Rehoboth
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DESU2086302
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