228 Gelden RdFeltonDE19943
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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
Rental property for sale in Felton at 228 Gelden Rd, Felton, DE, 19943 offers $1,090/mo rent that, after a $710/mo payment, leaves $251/mo cash flow. Total monthly income is $1,090/mo, and annual cash flow is $3,009/yr on $48,068 cash. Return on cash invested measures 26.17% in year one, and rental yield stands at 9.02% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 135.93% and total cumulative return in cash reaches $65,336. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,090/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19943, Felton, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,961 (100%) |
| Owner Occupied HU | 4,838 (81.2%) |
| Renter Occupied HU | 752 (12.6%) |
| Vacant Housing Units | 371 ( 6.2%) |
| Median Home Value | $358,999 |
| Average Home Value | $365,888 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,479
Multi-Family
0
Businesses
170
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