29739 Shellpoint Rd, Millsboro, DE, 19966 | $338/mo Cash Flow

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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 Millsboro at 29739 Shellpoint Rd, Millsboro, DE, 19966 earns $338/mo cash flow from $2,400/mo rent with a $1,744/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $4,060/yr on $118,113 capital. ROI tracks 23.35% on current figures, and rental yield reads 8.08% at a $356,300 purchase. Equity gained on principal adds $2,299/yr, and 5% annual appreciation supports $98,439 over five years. Five-year ROI reaches 120.77% and total cumulative return in cash sums $142,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No 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