32871 Widgeon Rd, Ocean View, DE, 19970 | 5.26% Rental Yield

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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

Total monthly income runs $4,007/mo, and a $4,478/mo payment. Purchase price stands at $915,000, and rental yield measures 5.26% with $4,007/mo rent. Return on cash invested shows 13.37% in year one, and 5% annual appreciation builds toward $252,798 over five years. Five-year ROI reaches 67.77% and total cumulative return in cash records $204,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,007/mo property income covering a $4,478/mo payment rather than investor’s personal income.

Condo

Built in 2019

N/A lot

$N/A/sqft

$392 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19970, Ocean View, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,474 (100%)
Owner Occupied HU	4,415 (46.6%)
Renter Occupied HU	454 ( 4.8%)
Vacant Housing Units	4,605 (48.6%)
Median Home Value	$543,498
Average Home Value	$597,639