205 E Savannah RdLewesDE19958
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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 Lewes at 205 E Savannah Rd, Lewes, DE, 19958 with 5% annual appreciation on a $160,300 basis while $3,721/mo rent supports operations. Total monthly income totals $3,721/mo and a $785/mo payment preserves $2,532/mo for cash returns. Annual cash flow comes to $30,385/yr on $53,139 deployed, and return on cash invested reaches 77.09% in year one. Equity gained on principal adds $1,034/yr, and five-year appreciation sums $44,288 alongside rental yield of 27.86%. Five-year ROI measures 411.17% and total cumulative return in cash totals $218,496.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,721/mo property income versus a $785/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1841
4,791 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,534 (100%) |
| Owner Occupied HU | 14,199 (60.3%) |
| Renter Occupied HU | 2,726 (11.6%) |
| Vacant Housing Units | 6,609 (28.1%) |
| Median Home Value | $533,378 |
| Average Home Value | $591,039 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
20,000
Multi-Family
456
Businesses
993
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