24674 Quail CtGeorgetownDE19947
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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 24674 Quail Ct, Georgetown, DE, 19947 offers a 8.04% rental yield on a $295,000 purchase with $1,976/mo rent. Total monthly income registers $1,976/mo, and a $1,444/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,228/yr on $97,793 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 120.01% and total cumulative return in cash at $117,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,976/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.39 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: Pete Wham • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #DESU2101982