334 Shannonbridge DrHockessinDE19707
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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
Investment property for sale in Hockessin at 334 Shannonbridge Dr, Hockessin, DE, 19707 with 5% annual appreciation on a $439,000 basis while $2,789/mo rent supports operations. Total monthly income totals $2,789/mo and a $2,149/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,983/yr on $145,529 deployed, and return on cash invested reaches 21.96% in year one. Equity gained on principal adds $2,833/yr, and five-year appreciation sums $121,288 alongside rental yield of 7.62%. Five-year ROI measures 113.31% and total cumulative return in cash totals $164,900.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,789/mo property income versus a $2,149/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2003
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19707, Hockessin, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,502 (100%) |
| Owner Occupied HU | 5,823 (89.6%) |
| Renter Occupied HU | 502 ( 7.7%) |
| Vacant Housing Units | 177 ( 2.7%) |
| Median Home Value | $556,921 |
| Average Home Value | $573,991 |
Housing Distribution
Address Breakdown
Residential
6,403
Single Family
5,870
Multi-Family
533
Businesses
701
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