37274 Sugar Hill WaySelbyvilleDE19975
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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
Rental property for sale in Selbyville at 37274 Sugar Hill Way, Selbyville, DE, 19975 generates $1,431/mo in rent and, after a $898/mo payment, leaves $369/mo in cash flow. Total monthly income is $1,431/mo, and annual cash flow is $4,433/yr on $60,830 invested. Return on cash invested sits at 27.2% in year one, and rental yield is 9.36% on a $183,500 entry. Equity gained on principal adds $1,184/yr, while 5% annual appreciation builds toward $50,698 over five years. Five-year ROI reaches 141.44% and total cumulative return in cash sums $86,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,431/mo property income rather than buyer’s personal income.
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
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Listed by: BRIAN LINDQUIST • 1ST CHOICE PROPERTIES LLC
Mls Name: Bright MLS
Mls ID: #DESU2097320