20 Patterson DrGeorgetownDE19947
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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 Georgetown at 20 Patterson Dr, Georgetown, DE, 19947 earns $492/mo cash flow from $1,648/mo rent with a $978/mo payment. Total monthly income totals $1,648/mo, and annual cash flow totals $5,901/yr on $66,267 capital. ROI tracks 28.81% on current figures, and rental yield reads 9.89% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 150.07% and total cumulative return in cash sums $99,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,648/mo property income instead of your personal income.
Manufactured
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,767
Single Family
7,411
Multi-Family
356
Businesses
818
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Listed by: Robin Bunting • Compass
Mls Name: Bright MLS
Mls ID: #DESU2100648