35332 Wright Way, Millsboro, DE, 19966 | $1,067/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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35332 Wright Way, Millsboro, DE, 19966 | $1,067/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Millsboro at 35332 Wright Way, Millsboro, DE, 19966 listed at $369,000 pairs $3,202/mo rent with a $1,806/mo payment to leave $1,067/mo cash flow. Total monthly income runs $3,202/mo, and annual cash flow reaches $12,804/yr on $122,324 cash to close. Return on cash invested measures 30.38% in year one, and rental yield registers 10.41% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 158.43% and total cumulative return in cash totals $193,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,202/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2022

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful Townhome on the golf course with panoramic Golf Course Views in Plantation Lakes. 35332 Wright Way has a well designed three-level townhome with 3 bedrooms 3.5 bathrooms, an additional room on the first level with a full bath and closet that could serve as a rec room, guest room, or 4th bedroom. There is a large two car garage for your vehicles. the main level has an open-concept with the kitchen, dining, and living areas adjacent and a large deck overlooking the golf course just perfect for barbecues or a relaxing beverage. The kitchen has quality cabinets , granite countertops, and stainless-steel appliances, including a gas range. One of the largest islands Just perfect for entertaining and can also serve as an informal dining area. The third floor features three bedrooms. A primary suite with a spacious closet and bathroom with double bowl vanity.. A conveniently located laundry room on this level adds ease to your daily routine with washer and dryer included. Plantation Lakes means access to many amenities, including a clubhouse, The Landing Bar & Grille, swimming pools, tennis courts, fitness centers, and community centers. The North Shore community center offers an outdoor pool, a fully equipped fitness room, a full kitchen, a lounge area, a meeting room and the award-winning 18-hole championship golf course, designed by Arthur Hills. The HOA fee includes unlimited gold for the owners. Plantation Lakes is centrally located just a short drive to Lewes, Rehoboth, Bethany Beach, Fenwick Island and Ocean City Md. Schedule your appointment today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19966, Millsboro, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,604 (100%)
Owner Occupied HU	14,179 (65.6%)
Renter Occupied HU	2,473 (11.4%)
Vacant Housing Units	4,952 (22.9%)
Median Home Value	$388,066
Average Home Value	$422,563