19 Harbor Rd, Millsboro, DE, 19966 | $595/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

Rental property for sale in Millsboro at 19 Harbor Rd, Millsboro, DE, 19966 offers $1,463/mo rent that, after a $734/mo payment, leaves $595/mo cash flow. Total monthly income is $1,463/mo, and annual cash flow is $7,143/yr on $49,725 cash. Return on cash invested measures 34.27% in year one, and rental yield stands at 11.7% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 179.41% and total cumulative return in cash reaches $89,214. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,463/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

11.54 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19966, Millsboro, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,604 (100%)
Owner Occupied HU	14,179 (65.6%)
Renter Occupied HU	2,473 (11.4%)
Vacant Housing Units	4,952 (22.9%)
Median Home Value	$388,066
Average Home Value	$422,563