204 SE 2nd St, Milford, DE, 19963 | $315/mo Cash Flow

For Sale

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

Rental property for sale in Milford at 204 SE 2nd St, Milford, DE, 19963 generates $1,174/mo in rent and, after a $727/mo payment, leaves $315/mo in cash flow. Total monthly income is $1,174/mo, and annual cash flow is $3,775/yr on $49,228 invested. Return on cash invested sits at 27.58% in year one, and rental yield is 9.49% on a $148,500 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,028 over five years. Five-year ROI reaches 143.49% and total cumulative return in cash sums $70,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,174/mo property income rather than buyer’s personal income.

Single Family

Built in 1923

8,712 sqft lot

$N/A/sqft

No HOA