24642 Navigators WalkMillsboroDE19966
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Millsboro at 24642 Navigators Walk, Millsboro, DE, 19966 offers a 3.1% rental yield on a $1,075,000 purchase with $2,777/mo rent. 51% in year one. Equity gained on principal adds $6,937/yr while 5% annual appreciation supports $297,003 over five years. Portfolio math shows five-year ROI at 41.06% and total cumulative return in cash at $143,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,777/mo property income against a $5,262/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.25 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 |
Housing Distribution
Address Breakdown
Residential
19,198
Single Family
17,358
Multi-Family
1,840
Businesses
713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices