3 Mount Joy 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 3 Mount Joy Rd, Millsboro, DE, 19966 with 5% annual appreciation on a $554,000 basis while $2,370/mo rent supports operations. 56% in year one. Equity gained on principal adds $3,575/yr, and five-year appreciation sums $153,060 alongside rental yield of 5.13%. Five-year ROI measures 73.6% and total cumulative return in cash totals $134,154. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,370/mo property income versus a $2,712/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
1.85 Acres 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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