19377 Parsons Rd, Georgetown, DE, 19947 | 6.93% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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19377 Parsons Rd, Georgetown, DE, 19947 | 6.93% Rental Yield | Ziffy

Pending

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

Total monthly income runs $2,309/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 6.93% with $2,309/mo rent. Return on cash invested shows 19.87% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 102.1% and total cumulative return in cash records $135,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,309/mo property income covering a $1,957/mo payment rather than investor’s personal income.

Single Family

Built in 1979

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the charm of this beautifully renovated ranch-style home, set on a generous 1-acre lot that offers a serene retreat surrounded by nature. With a major renovation completed in 2025, this residence boasts modern upgrades while retaining its classic appeal. Step inside to find a spacious layout featuring three inviting bedrooms and two full bathrooms, including a luxurious primary bath with a jetted tub for ultimate relaxation. The heart of the home is the eat-in kitchen, equipped with stainless steel appliances, upgraded countertops, and an island that invites culinary creativity. Enjoy meals in the cozy breakfast area or host formal dinners in the separate dining room. The living spaces are enhanced by thoughtful features such as cedar closets, an attic for extra storage, and window treatments that provide both privacy and style. Outside, the property shines with beautifully landscaped front and rear yards, perfect for outdoor gatherings or quiet moments in nature. The deck offers a perfect spot for morning coffee or evening stargazing, while flood lights ensure safety and ambiance. Located in a peaceful, rural setting, this home is just a short drive from local amenities, including shopping, dining, and recreational parks. With a paved driveway and off-street parking, convenience is at your fingertips. Embrace the tranquility of wooded views and the charm of a welcoming neighborhood-this home is a true gem waiting for you to make it your own! Sellers are offering $5,000 in settlement / closing assistance with accepted offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19947, Georgetown, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,053 (100%)
Owner Occupied HU	5,508 (68.4%)
Renter Occupied HU	1,913 (23.8%)
Vacant Housing Units	632 ( 7.8%)
Median Home Value	$417,674
Average Home Value	$441,528