29745 Shellpoint RdMillsboroDE19966
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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 29745 Shellpoint Rd, Millsboro, DE, 19966 earns $62/mo cash flow from $2,273/mo rent with a $1,870/mo payment. Total monthly income totals $2,273/mo, and annual cash flow totals $748/yr on $126,663 capital. ROI tracks 20.5% on current figures, and rental yield reads 7.14% at a $382,090 purchase. Equity gained on principal adds $2,466/yr, and 5% annual appreciation supports $105,564 over five years. Five-year ROI reaches 105.5% and total cumulative return in cash sums $133,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,273/mo property income instead of your personal income.
Townhouse
Built in 2026
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 |
Housing Distribution
Address Breakdown
Residential
19,198
Single Family
17,358
Multi-Family
1,840
Businesses
713
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