36904 Beach Plum Row #2, Long Neck, DE, 19966 | $580/mo Cash Flow

For Sale

Listed for sale 2 days ago

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 Long Neck at 36904 Beach Plum Row #2, Long Neck, DE, 19966 uses $102,520 cash to close to unlock $6,963/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,514/mo payment keeps the spread at $580/mo. Purchase price stands at $309,261, and rental yield measures 9.2% with $2,370/mo rent. Return on cash invested shows 26.7% in year one, and 5% annual appreciation builds toward $85,443 over five years. Five-year ROI reaches 138.78% and total cumulative return in cash records $142,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,514/mo payment rather than investor’s personal income.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA

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