37264 Carolina DrFrankfordDE19945
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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 Frankford at 37264 Carolina Dr, Frankford, DE, 19945 listed at $287,800 pairs $2,760/mo rent with a $1,409/mo payment to leave $1,094/mo cash flow. Total monthly income runs $2,760/mo, and annual cash flow reaches $13,133/yr on $95,406 cash to close. Return on cash invested measures 33.67% in year one, and rental yield registers 11.51% at a $287,800 basis. Equity gained on principal adds $1,857/yr, and annual property appreciation at 5% supports $79,514 by year five. Five-year ROI tracks 176.16% and total cumulative return in cash totals $168,070. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $1,409/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19945, Frankford, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,248 (100%) |
| Owner Occupied HU | 3,537 (56.6%) |
| Renter Occupied HU | 537 ( 8.6%) |
| Vacant Housing Units | 2,174 (34.8%) |
| Median Home Value | $469,115 |
| Average Home Value | $534,590 |
Housing Distribution
Address Breakdown
Residential
4,994
Single Family
4,449
Multi-Family
545
Businesses
146
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