19957 Sandy Ave UNIT PM03Rehoboth BeachDE19971
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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 Rehoboth Beach at 19957 Sandy Ave UNIT PM03, Rehoboth Beach, DE, 19971 uses $37,789 cash to close to unlock $2,644/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $880/mo, and a $558/mo payment keeps the spread at $220/mo. Purchase price stands at $113,995, and rental yield measures 9.26% with $880/mo rent. Return on cash invested shows 26.91% in year one, and 5% annual appreciation builds toward $31,495 over five years. Five-year ROI reaches 139.96% and total cumulative return in cash records $52,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $880/mo property income covering a $558/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,117 (100%) |
| Owner Occupied HU | 6,931 (38.3%) |
| Renter Occupied HU | 1,380 ( 7.6%) |
| Vacant Housing Units | 9,806 (54.1%) |
| Median Home Value | $664,792 |
| Average Home Value | $784,663 |
Housing Distribution
Address Breakdown
Residential
11,678
Single Family
11,217
Multi-Family
461
Businesses
1,323
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Listed by: N/A • Sun Homes
Mls Name: Sun Homes Manufactured
Mls Provider:
Mls ID: #N/A