259 Grove View Dr, Hockessin, DE, 19707 | 5.36% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hockessin at 259 Grove View Dr, Hockessin, DE, 19707 offers $2,994/mo rent that, after a $3,279/mo payment. Total monthly income is $2,994/mo. Return on cash invested measures 15.26% in year one, and rental yield stands at 5.36% at a $669,900 entry. Equity gained on principal adds $4,323/yr while 5% annual appreciation compounds into $185,081 by year five. Five-year ROI records 77.33% and total cumulative return in cash reaches $170,433. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,994/mo property income versus a $3,279/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19707, Hockessin, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,502 (100%)
Owner Occupied HU	5,823 (89.6%)
Renter Occupied HU	502 ( 7.7%)
Vacant Housing Units	177 ( 2.7%)
Median Home Value	$556,921
Average Home Value	$573,991