2902 American Eagle Way, Rehoboth Beach, DE, 19971 | 5.29% Rental Yield

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2902 American Eagle Way, Rehoboth Beach, DE, 19971 | 5.29% Rental Yield | Ziffy

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 Rehoboth Beach at 2902 American Eagle Way, Rehoboth Beach, DE, 19971 listed at $599,000 pairs $2,640/mo rent with a $2,932/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 15.03% in year one, and rental yield registers 5.29% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 76.1% and total cumulative return in cash totals $149,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1998

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Versailles in Rehoboth Beach! This beautifully maintained 3 bedroom, 2.5 bathroom townhome offers the perfect blend of comfort, style, and location. The heart of the home is the stunning renovated kitchen, featuring quartz countertops, tile backsplash, updated cabinetry, and stainless steel appliances. The open floor plan flows into the dining area and great room with a gas fireplace and newer LVP flooring, and continues into the oversized sunroom and private patioideal for entertaining or quiet relaxation. Upstairs, youll find comfortable bedrooms and ample storage. This property has served as the sellers primary home but is equally suited as a weekend beach retreat or an investment property. Versailles offers three pools, tennis courts, and a clubhouse, all within a short distance of dining, shops, and the bus stop into town. With the beach and boardwalk just minutes away, this is easy living in Rehoboth Beach.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,117 (100%)
Owner Occupied HU	6,931 (38.3%)
Renter Occupied HU	1,380 ( 7.6%)
Vacant Housing Units	9,806 (54.1%)
Median Home Value	$664,792
Average Home Value	$784,663