311 SE 2nd St, Milford, DE, 19963 | $797/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Milford at 311 SE 2nd St, Milford, DE, 19963 uses $102,765 cash to close to unlock $9,559/yr annual cash flow and $797/mo monthly cash flow. Total monthly income runs $2,590/mo, and a $1,517/mo payment keeps the spread at $797/mo. Purchase price stands at $310,000, and rental yield measures 10.03% with $2,590/mo rent. Return on cash invested shows 29.21% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 152.21% and total cumulative return in cash records $156,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,590/mo property income covering a $1,517/mo payment rather than investor’s personal income.

Single Family

Built in 2021

6,534 sqft lot

$N/A/sqft

No HOA