35636 Buttermilk Dr, Rehoboth Beach, DE, 19971 | $1,007/mo Cash Flow

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 Rehoboth Beach at 35636 Buttermilk Dr, Rehoboth Beach, DE, 19971 offers a 11.26% rental yield on a $279,900 purchase with $2,627/mo rent. Total monthly income registers $2,627/mo, and a $1,370/mo payment leaves $1,007/mo available for distribution. Annual cash flow reaches $12,089/yr on $92,787 to close, and return on cash invested stands at 32.94% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 172.22% and total cumulative return in cash at $159,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,627/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1986

45.46 Acres 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