230 Tree Top Ln, Hockessin, DE, 19707 | 6.18% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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230 Tree Top Ln, Hockessin, DE, 19707 | 6.18% Rental Yield | Ziffy

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 Hockessin at 230 Tree Top Ln, Hockessin, DE, 19707 earns from $3,863/mo rent with a $3,671/mo payment. Total monthly income totals $3,863/mo. ROI tracks 17.74% on current figures, and rental yield reads 6.18% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 90.66% and total cumulative return in cash sums $223,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,863/mo property income instead of your personal income.

Single Family

Built in 1979

0.83 Acres lot

$N/A/sqft

No HOA

More details about the property

A one of a kind dream home nestled in a peaceful cul-de-sac w/ the ultimate 6+ car garage, perfect for car enthusiasts, contractors, and outdoor adventurers! Ample space for multiple vehicles and tools, this garage meets all your needs. An innovative design allows for convenient camper parking underneath, maximizing storage potential and versatility for all your passions. The home showcases exceptional pride of ownership inside and out. As you enter, youre greeted by a large, bright foyer that flows into a gorgeous living room featuring a wall of windows, bathing the space in natural light. The dining room, also adorned with a wall of windows and elegant chair rail, is perfect for gatherings. The thoughtfully designed kitchen is truly an entertainer's delight, featuring cherry cabinetry, ample usable space, and a built-in wine rack that caters to all your hosting needs. Enjoy delightful meals in the breakfast area, which opens via sliders to an expansive screened porch, ideal for alfresco dining or relaxing evenings. Cozy up in the family room with its charming brick hearth fireplace, also providing access to the screened porch for seamless entertaining. A convenient main floor laundry with a laundry chute makes chores easy! All bedrooms are generously sized, complemented by nicely appointed bathrooms. With .83 acres of outdoor space, youll have plenty of room to enjoy. Plus, a brand new roof adds tremendous peace of mind. No HOA also a bonus. This is a magnificent home, ready to welcome a buyer who will cherish it as much as its current owner. Dont miss your chance to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19707, Hockessin, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,502 (100%)
Owner Occupied HU	5,823 (89.6%)
Renter Occupied HU	502 ( 7.7%)
Vacant Housing Units	177 ( 2.7%)
Median Home Value	$556,921
Average Home Value	$573,991