23143 Corsair DrSelbyvilleDE19975
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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 Selbyville at 23143 Corsair Dr, Selbyville, DE, 19975 earns from $2,448/mo rent with a $2,227/mo payment. Total monthly income totals $2,448/mo. ROI tracks 18.44% on current figures, and rental yield reads 6.46% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 94.45% and total cumulative return in cash sums $142,456. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,448/mo property income instead of your personal income.
Condo
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19975, Selbyville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,207 (100%) |
| Owner Occupied HU | 4,959 (53.9%) |
| Renter Occupied HU | 748 ( 8.1%) |
| Vacant Housing Units | 3,500 (38.0%) |
| Median Home Value | $508,771 |
| Average Home Value | $553,016 |
Housing Distribution
Address Breakdown
Residential
7,482
Single Family
6,335
Multi-Family
1,147
Businesses
392
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Listed by: KIM BOWDEN • Patterson-Schwartz-OceanView
Mls Name: Bright MLS
Mls ID: #DESU2103886