26114 Milby CirHarbesonDE19951
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.63% yield at 26114 Milby Cir, Harbeson, DE, 19951 in Harbeson is solid, but the $2,199/mo payment compresses net cash flow to $131/mo at $489,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $135,102 by year five, and $4,504/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.41) without U.S. income documentation. Total projected return: $202,611.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.0% |
| Monthly Cash Flow | $131 | $1,200 |
City averages based on Harbeson market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,110 |
| Total Monthly Debt Service | $2,635 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2021
0.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19951, Harbeson, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,254 (100%) |
| Owner Occupied HU | 1,021 (81.4%) |
| Renter Occupied HU | 57 ( 4.5%) |
| Vacant Housing Units | 176 (14.0%) |
| Median Home Value | $473,466 |
| Average Home Value | $529,493 |
Housing Distribution
Address Breakdown
Residential
1,238
Single Family
1,238
Multi-Family
0
Businesses
100
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
Townhouse
Built in 2021
0.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19951, Harbeson, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,254 (100%) |
| Owner Occupied HU | 1,021 (81.4%) |
| Renter Occupied HU | 57 ( 4.5%) |
| Vacant Housing Units | 176 (14.0%) |
| Median Home Value | $473,466 |
| Average Home Value | $529,493 |
Housing Distribution
Address Breakdown
Residential
1,238
Single Family
1,238
Multi-Family
0
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices