23331 Arundel Ct, Lewes, DE, 19958 | $255/mo Cash Flow

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

Rental property for sale in Lewes at 23331 Arundel Ct, Lewes, DE, 19958 generates $1,412/mo in rent and, after a $979/mo payment, leaves $255/mo in cash flow. Total monthly income is $1,412/mo, and annual cash flow is $3,056/yr on $66,300 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 8.47% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 127.05% and total cumulative return in cash sums $84,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,412/mo property income rather than buyer’s personal income.

Manufactured

Built in 1987

4,000 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,534 (100%)
Owner Occupied HU	14,199 (60.3%)
Renter Occupied HU	2,726 (11.6%)
Vacant Housing Units	6,609 (28.1%)
Median Home Value	$533,378
Average Home Value	$591,039