324 Waterside SqBridgevilleDE19933
Nearby investment properties with comparable rents
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 324 Waterside Sq, Bridgeville, DE, 19933 priced at $340,585 converts $2,906/mo rent into $935/mo cash flow after a $1,667/mo obligation. Total monthly income equals $2,906/mo, and annual cash flow totals $11,224/yr on $112,904 invested. Return on cash invested prints 29.85% in year one, and rental yield reads 10.24% against a $340,585 entry. Equity gained on principal adds $2,198/yr, while 5% annual appreciation compiles into $94,097 by year five. Five-year ROI reaches 155.65% and total cumulative return in cash sums $175,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,906/mo property income covering a $1,667/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A