23325 Carriage Spring RunMiltonDE19968
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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 Milton at 23325 Carriage Spring Run, Milton, DE, 19968 offers a 7.68% rental yield on a $559,000 purchase with $3,578/mo rent. Total monthly income registers $3,578/mo, and a $2,736/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,123/yr on $183,911 to close, and return on cash invested stands at 22.3% in year one. Equity gained on principal adds $3,607/yr while 5% annual appreciation supports $154,441 over five years. Portfolio math shows five-year ROI at 115.11% and total cumulative return in cash at $211,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,578/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19968, Milton, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 5,893 (70.0%) |
| Renter Occupied HU | 1,008 (12.0%) |
| Vacant Housing Units | 1,519 (18.0%) |
| Median Home Value | $471,069 |
| Average Home Value | $518,905 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,935
Multi-Family
1
Businesses
316
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