22423 Lewes Georgetown HwyGeorgetownDE19947








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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 22423 Lewes Georgetown Hwy, Georgetown, DE, 19947 listed at $383,700 pairs $2,309/mo rent with a $1,878/mo payment to leave $89/mo cash flow. Total monthly income runs $2,309/mo, and annual cash flow reaches $1,066/yr on $127,197 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 7.22% at a $383,700 basis. Equity gained on principal adds $2,476/yr, and annual property appreciation at 5% supports $106,009 by year five. Five-year ROI tracks 106.8% and total cumulative return in cash totals $135,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,309/mo property income relative to a $1,878/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.35 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: CHARLES STEVENSON • INDIAN RIVER LAND CO
Mls Name: Bright MLS
Mls ID: #DESU2091874








