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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Smyrna at 2981 Hay Point Landing Rd, Smyrna, DE, 19977 listed at $499,000 pairs $2,039/mo rent with a $2,442/mo payment. Total monthly income runs $2,039/mo. Return on cash invested measures 13.76% in year one, and rental yield registers 4.9% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 69.35% and total cumulative return in cash totals $114,714. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,039/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19977, Smyrna, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 8,859 (79.9%) |
| Renter Occupied HU | 1,695 (15.3%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $350,711 |
| Average Home Value | $357,988 |
Residential
10,762
Single Family
10,740
Multi-Family
22
Businesses
637
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Terra King • RE/MAX 1st Choice - Middletown
Mls Name: Bright MLS
Mls ID: #DEKT2039228
