24532 Deep Branch RdGeorgetownDE19947
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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 Georgetown at 24532 Deep Branch Rd, Georgetown, DE, 19947 uses $132,567 cash to close to unlock $6,641/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $2,867/mo, and a $1,957/mo payment keeps the spread at $553/mo. Purchase price stands at $399,900, and rental yield measures 8.6% with $2,867/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash records $171,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,867/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1939
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19947, Georgetown, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,053 (100%) |
| Owner Occupied HU | 5,508 (68.4%) |
| Renter Occupied HU | 1,913 (23.8%) |
| Vacant Housing Units | 632 ( 7.8%) |
| Median Home Value | $417,674 |
| Average Home Value | $441,528 |
Housing Distribution
Address Breakdown
Residential
7,767
Single Family
7,411
Multi-Family
356
Businesses
818
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Listed by: LINDA FISHER • Coastal Real Estate Group, LLC
Mls Name: Bright MLS
Mls ID: #DESU2098956