37862 Eagle Ln UNIT 330SelbyvilleDE19975
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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 37862 Eagle Ln UNIT 330, Selbyville, DE, 19975 listed at $349,900 pairs $2,527/mo rent with a $1,713/mo payment to leave $502/mo cash flow. Total monthly income runs $2,527/mo, and annual cash flow reaches $6,024/yr on $115,992 cash to close. Return on cash invested measures 25.1% in year one, and rental yield registers 8.67% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 130.2% and total cumulative return in cash totals $151,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,527/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1989
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: Kevin E Decker • Coastal Life Realty Group LLC
Mls Name: Bright MLS
Mls ID: #DESU2099474