3209 Wrangle Hill RdBearDE19701
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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
Rental property for sale in Bear at 3209 Wrangle Hill Rd, Bear, DE, 19701 generates $3,900/mo in rent and, after a $3,181/mo payment, leaves $140/mo in cash flow. Total monthly income is $3,900/mo, and annual cash flow is $1,674/yr on $213,817 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 7.2% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 107.29% and total cumulative return in cash sums $229,398. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,900/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.52 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 19701, Bear, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,521 (100%) |
| Owner Occupied HU | 12,885 (78.0%) |
| Renter Occupied HU | 3,089 (18.7%) |
| Vacant Housing Units | 547 ( 3.3%) |
| Median Home Value | $385,141 |
| Average Home Value | $401,688 |
Housing Distribution
Address Breakdown
Residential
16,404
Single Family
14,748
Multi-Family
1,656
Businesses
920
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $649,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: N/A
- Architectural Style: Colonial
- Building Area: N/A
- Living Area: 2,650 sqft
- Property Condition: Excellent
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central A/C, Electric, Natural Gas
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage Faces Front, Attached Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Available
- Sewer: On Site Septic, Perc Approved Septic
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jake Lipton • Coldwell Banker Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2067070
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