36304 Royal Tern DrSelbyvilleDE19975
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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 Selbyville at 36304 Royal Tern Dr, Selbyville, DE, 19975 uses $157,429 cash to close to unlock $8,058/yr annual cash flow and $672/mo monthly cash flow. Total monthly income runs $3,419/mo, and a $2,324/mo payment keeps the spread at $672/mo. Purchase price stands at $474,900, and rental yield measures 8.64% with $3,419/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 129.77% and total cumulative return in cash records $204,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,419/mo property income covering a $2,324/mo payment rather than investor’s personal income.
Townhouse
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19975, Selbyville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,207 (100%) |
| Owner Occupied HU | 4,959 (53.9%) |
| Renter Occupied HU | 748 ( 8.1%) |
| Vacant Housing Units | 3,500 (38.0%) |
| Median Home Value | $508,771 |
| Average Home Value | $553,016 |
Housing Distribution
Address Breakdown
Residential
7,482
Single Family
6,335
Multi-Family
1,147
Businesses
392
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Listed by: Tim Meadowcroft • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DESU2097670