24200 Big Oak Ln, Millsboro, DE, 19966 | 2.79% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

The Lewes - Build On-Your-Lot Plan, Bay to Beach Builders - Build On-Your-Lot

3 Bed
2 Bath
1842 sft

The Lewes - Build On-Your-Lot Plan, Bay to Beach Builders - Build On-Your-Lot, Millville, DE, 19967

3 Bed
2 Bath
1680 sft

35122 Lighthouse Rd, Selbyville, DE, 19975

4 Bed
3 Bath
2750 sft

31827 Skimmer Rd, Ocean View, DE, 19970

The Torbay - MC Plan, Estates at Milton Crossing

3 Bed
2 Bath
1836 sft

The Torbay - MC Plan, Estates at Milton Crossing, Milton, DE, 19968

Nearby investment properties with comparable prices

5 Bed
4 Bath
2050 sft

132 S Washington Ave, Lewes, DE, 19958

4 Bed
4 Bath
2700 sft

14 142nd St, Ocean City, MD, 21842

5 Bed
4 Bath
3000 sft

40154 Salt Meadow Dr, Fenwick Island, DE, 19944

Airbnb Potential+ 2 more

6 Bed
6 Bath
4200 sft

18605 Pettyjohn Rd, Georgetown, DE, 19947

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Millsboro at 24200 Big Oak Ln, Millsboro, DE, 19966 earns from $3,673/mo rent with a $7,733/mo payment. Total monthly income totals $3,673/mo. ROI tracks 7.55% on current figures, and rental yield reads 2.79% at a $1,579,900 purchase. Equity gained on principal adds $10,195/yr, and 5% annual appreciation supports $436,497 over five years. Five-year ROI reaches 35.93% and total cumulative return in cash sums $183,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,673/mo property income instead of your personal income.

Single Family

Built in 2004

1.02 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19966, Millsboro, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,604 (100%)
Owner Occupied HU	14,179 (65.6%)
Renter Occupied HU	2,473 (11.4%)
Vacant Housing Units	4,952 (22.9%)
Median Home Value	$388,066
Average Home Value	$422,563