21422 E Piney Grove RdGeorgetownDE19947
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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 21422 E Piney Grove Rd, Georgetown, DE, 19947 listed at $350,000 pairs $3,094/mo rent with a $1,713/mo payment to leave $1,069/mo cash flow. Total monthly income runs $3,094/mo, and annual cash flow reaches $12,827/yr on $116,025 cash to close. Return on cash invested measures 30.96% in year one, and rental yield registers 10.61% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 161.57% and total cumulative return in cash totals $187,466. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,094/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.99 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: Russell Griffin • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #DESU2101160