32 Salerno DrSmyrnaDE19977
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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 Smyrna at 32 Salerno Dr, Smyrna, DE, 19977 priced at $349,500 pairs $2,407/mo rent with $384/mo cash flow after a $1,711/mo payment. Total monthly income equals $2,407/mo, and annual cash flow comes to $4,612/yr on $115,859 invested. Return on cash invested is 23.89% in year one, and rental yield stands at 8.26% on a $349,500 basis. Equity gained on principal adds $2,255/yr, and 5% annual appreciation accumulates to $96,560 by year five. Five-year ROI measures 123.68% and total cumulative return in cash reaches $143,293. For financing, Ziffy Mortgage’s DSCR program evaluates $2,407/mo property income against a $1,711/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19977, Smyrna, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 8,859 (79.9%) |
| Renter Occupied HU | 1,695 (15.3%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $350,711 |
| Average Home Value | $357,988 |
Housing Distribution
Address Breakdown
Residential
10,762
Single Family
10,740
Multi-Family
22
Businesses
637
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