2 Channel Run, Ellendale, DE, 19941 | $566/mo Cash Flow

Off market

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 Ellendale at 2 Channel Run, Ellendale, DE, 19941 with 5% annual appreciation on a $350,200 basis while $2,592/mo rent supports operations. Total monthly income totals $2,592/mo and a $1,714/mo payment preserves $566/mo for cash returns. Annual cash flow comes to $6,789/yr on $116,091 deployed, and return on cash invested reaches 25.76% in year one. Equity gained on principal adds $2,260/yr, and five-year appreciation sums $96,754 alongside rental yield of 8.88%. Five-year ROI measures 133.68% and total cumulative return in cash totals $155,189.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,592/mo property income versus a $1,714/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19941, Ellendale, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,386 (100%)
Owner Occupied HU	1,034 (74.6%)
Renter Occupied HU	244 (17.6%)
Vacant Housing Units	108 ( 7.8%)
Median Home Value	$347,115
Average Home Value	$371,431