208 Millchop Ln, Magnolia, DE, 19962 | 6.15% Rental Yield

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

Investment property for sale in Magnolia at 208 Millchop Ln, Magnolia, DE, 19962 at $395,000 posts ROI 17.52% with from $2,024/mo rent. Total monthly income equals $2,024/mo. Return on cash invested measures 17.52% and rental yield reads 6.15% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 89.48% and total cumulative return in cash totals $117,162. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1911

0.88 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,236 (100%)
Owner Occupied HU	4,190 (80.0%)
Renter Occupied HU	864 (16.5%)
Vacant Housing Units	182 ( 3.5%)
Median Home Value	$403,559
Average Home Value	$400,849