37274 Sugar Hill WaySelbyvilleDE19975
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 37274 Sugar Hill Way, Selbyville, DE, 19975 in Selbyville: $1,431/mo in rent, $369/mo in net income, 9.36% gross yield, 1.73 DSCR, all at $183,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $50,698 in appreciation and $1,690/yr in principal paydown projects total cumulative return of $93,065.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.8% |
| Monthly Cash Flow | $369 | $420 |
City averages based on Selbyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,431 |
| Total Monthly Debt Service | $989 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1992
2,613 sqft 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
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
Manufactured
Built in 1992
2,613 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRIAN LINDQUIST • 1ST CHOICE PROPERTIES LLC
Mls Name: Bright MLS
Mls ID: #DESU2097320