24780 Nichols StSeafordDE19973
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 Seaford at 24780 Nichols St, Seaford, DE, 19973 offers a 9.26% rental yield on a $159,000 purchase with $1,227/mo rent. Total monthly income registers $1,227/mo, and a $778/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,687/yr on $52,709 to close, and return on cash invested stands at 26.9% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 139.88% and total cumulative return in cash at $73,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,227/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19973, Seaford, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,058 (100%) |
| Owner Occupied HU | 7,606 (68.8%) |
| Renter Occupied HU | 2,693 (24.4%) |
| Vacant Housing Units | 759 ( 6.9%) |
| Median Home Value | $329,209 |
| Average Home Value | $453,272 |
Housing Distribution
Address Breakdown
Residential
10,793
Single Family
10,487
Multi-Family
306
Businesses
852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices