306 Bayberry Dr, Lewes, DE, 19958 | 4.14% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1086 sft

33725 Skiff Aly #310, Lewes, DE, 19958

3 Bed
2 Bath
1344 sft

4 Thatcher St, Frankford, DE, 19945

3 Bed
3 Bath
2016 sft

12 Mallard Dr, Dagsboro, DE, 19939

3 Bed
1 Bath
960 sft

36487 Lisa Ave, Ocean View, DE, 19970

Nearby investment properties with comparable prices

3 Bed
2 Bath
2188 sft

Bluebell Plan, Bridgewater, Frankford, DE, 19945

3 Bed
2 Bath
4124 sft

The Jameson Plan, Miralon, Milton, DE, 19968

3 Bed
3 Bath
2670 sft

33070 S View Ln #547, Frankford, DE, 19945

$ 650,900

ROI

Cash Flow/m

- Bed
- Bath
- sft

24330 Inkberry Dr #3H4NH2, 3h4nh2 Harbeson, DE, 19951

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lewes at 306 Bayberry Dr, Lewes, DE, 19958 offers $2,640/mo rent that, after a $3,744/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 11.54% in year one, and rental yield stands at 4.14% at a $765,000 entry. Equity gained on principal adds $4,936/yr while 5% annual appreciation compounds into $211,355 by year five. Five-year ROI records 57.41% and total cumulative return in cash reaches $144,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $3,744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 2024

0.31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,534 (100%)
Owner Occupied HU	14,199 (60.3%)
Renter Occupied HU	2,726 (11.6%)
Vacant Housing Units	6,609 (28.1%)
Median Home Value	$533,378
Average Home Value	$591,039