2 N 1st StGreenwoodDE19950
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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 Greenwood at 2 N 1st St, Greenwood, DE, 19950 with 5% annual appreciation on a $294,900 basis while $2,760/mo rent supports operations. Total monthly income totals $2,760/mo and a $1,443/mo payment preserves $1,054/mo for cash returns. Annual cash flow comes to $12,648/yr on $97,759 deployed, and return on cash invested reaches 32.85% in year one. Equity gained on principal adds $1,903/yr, and five-year appreciation sums $81,475 alongside rental yield of 11.23%. Five-year ROI measures 171.75% and total cumulative return in cash totals $167,899.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $1,443/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19950, Greenwood, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 2,341 (79.5%) |
| Renter Occupied HU | 386 (13.1%) |
| Vacant Housing Units | 217 ( 7.4%) |
| Median Home Value | $364,721 |
| Average Home Value | $408,818 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,792
Multi-Family
6
Businesses
155
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