29 Pier Point Dr UNIT 40, Millville, DE, 19967 | $511/mo Cash Flow

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

Investment property for sale in Millville at 29 Pier Point Dr UNIT 40, Millville, DE, 19967 listed at $430,000 pairs $2,999/mo rent with a $2,105/mo payment to leave $511/mo cash flow. Total monthly income runs $2,999/mo, and annual cash flow reaches $6,127/yr on $142,545 cash to close. Return on cash invested measures 24.21% in year one, and rental yield registers 8.37% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 125.37% and total cumulative return in cash totals $178,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,999/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2005

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19967, Millville, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,306 (100%)
Owner Occupied HU	1,352 (58.6%)
Renter Occupied HU	121 ( 5.2%)
Vacant Housing Units	833 (36.1%)
Median Home Value	$514,296
Average Home Value	$526,635