307 Swedes StRehoboth BeachDE19971
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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 Rehoboth Beach at 307 Swedes St, Rehoboth Beach, DE, 19971 at $1,799,900 posts ROI 7.59% with from $4,205/mo rent. Total monthly income equals $4,205/mo. Return on cash invested measures 7.59% and rental yield reads 2.8% at the current $1,799,900. Equity gained on principal adds $11,614/yr, and 5% annual appreciation supports $497,279 by year five. Five-year ROI prints 36.15% and total cumulative return in cash totals $210,844. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,205/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,117 (100%) |
| Owner Occupied HU | 6,931 (38.3%) |
| Renter Occupied HU | 1,380 ( 7.6%) |
| Vacant Housing Units | 9,806 (54.1%) |
| Median Home Value | $664,792 |
| Average Home Value | $784,663 |
Housing Distribution
Address Breakdown
Residential
11,678
Single Family
11,217
Multi-Family
461
Businesses
1,323
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Listed by: George Manolakos • Patterson-Schwartz-Brandywine
Mls Name: Bright MLS
Mls ID: #DESU2099034