26136 E Old GateMillsboroDE19966
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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 Millsboro at 26136 E Old Gate, Millsboro, DE, 19966 listed at $470,990 pairs $2,815/mo rent with a $2,305/mo payment. Total monthly income runs $2,815/mo. Return on cash invested measures 19.18% in year one, and rental yield registers 7.17% at a $470,990 basis. Equity gained on principal adds $3,039/yr, and annual property appreciation at 5% supports $130,126 by year five. Five-year ROI tracks 98.94% and total cumulative return in cash totals $154,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,815/mo property income relative to a $2,305/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
$185 monthly 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
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