35428 Mercury DrRehoboth BeachDE19971
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
Investment property for sale in Rehoboth Beach at 35428 Mercury Dr, Rehoboth Beach, DE, 19971 listed at $587,500 pairs $3,064/mo rent with a $2,876/mo payment. Total monthly income runs $3,064/mo. Return on cash invested measures 17.98% in year one, and rental yield registers 6.26% at a $587,500 basis. Equity gained on principal adds $3,791/yr, and annual property appreciation at 5% supports $162,315 by year five. Five-year ROI tracks 91.92% and total cumulative return in cash totals $177,671. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,064/mo property income relative to a $2,876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,117 (100%) |
| Owner Occupied HU | 6,931 (38.3%) |
| Renter Occupied HU | 1,380 ( 7.6%) |
| Vacant Housing Units | 9,806 (54.1%) |
| Median Home Value | $664,792 |
| Average Home Value | $784,663 |
Housing Distribution
Address Breakdown
Residential
11,678
Single Family
11,217
Multi-Family
461
Businesses
1,323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Ann Wilkinson • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #DESU2099588