310 Walnut StBridgevilleDE19933
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Nearby investment properties with comparable prices
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
Rental property for sale in Bridgeville at 310 Walnut St, Bridgeville, DE, 19933 offers $2,540/mo rent that, after a $1,468/mo payment, leaves $805/mo cash flow. Total monthly income is $2,540/mo, and annual cash flow is $9,655/yr on $99,417 cash. Return on cash invested measures 29.62% in year one, and rental yield stands at 10.16% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 154.41% and total cumulative return in cash reaches $153,508. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,540/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19933, Bridgeville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,584 (100%) |
| Owner Occupied HU | 3,313 (72.3%) |
| Renter Occupied HU | 794 (17.3%) |
| Vacant Housing Units | 477 (10.4%) |
| Median Home Value | $339,797 |
| Average Home Value | $367,253 |
Housing Distribution
Address Breakdown
Residential
4,337
Single Family
4,284
Multi-Family
53
Businesses
241
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Listed by: NATALIE MELSON WARFEL • The Watson Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #DESU2099044