209 W Jewell StDelmarDE19940
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 209 W Jewell St, Delmar, DE, 19940 in Delmar. Rental yield 1.81%. At $625,000 with 1.81% gross yield, current distributions are modest, but the 5% appreciation rate projects $172,676 in new equity by year five, complemented by $5,756/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.34) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $63,826.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.8% | 6.2% |
| Monthly Cash Flow | $(2,674) | $350 |
City averages based on Delmar market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $942 |
| Total Monthly Debt Service | $3,368 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19940, Delmar, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,675 (100%) |
| Owner Occupied HU | 2,027 (75.8%) |
| Renter Occupied HU | 482 (18.0%) |
| Vacant Housing Units | 166 ( 6.2%) |
| Median Home Value | $337,554 |
| Average Home Value | $456,906 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,678
Multi-Family
1
Businesses
271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2007
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19940, Delmar, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,675 (100%) |
| Owner Occupied HU | 2,027 (75.8%) |
| Renter Occupied HU | 482 (18.0%) |
| Vacant Housing Units | 166 ( 6.2%) |
| Median Home Value | $337,554 |
| Average Home Value | $456,906 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,678
Multi-Family
1
Businesses
271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices