38 Read St, Seaford, DE, 19973 | $845/mo Cash Flow

For Sale

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 Seaford at 38 Read St, Seaford, DE, 19973 at $425,000 posts ROI 27.11% with $845/mo cash flow from $3,304/mo rent. Total monthly income equals $3,304/mo, and annual cash flow records $10,141/yr on $140,888 to close. Return on cash invested measures 27.11% and rental yield reads 9.33% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 140.93% and total cumulative return in cash totals $198,557.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,304/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1947

0.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19973, Seaford, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,058 (100%)
Owner Occupied HU	7,606 (68.8%)
Renter Occupied HU	2,693 (24.4%)
Vacant Housing Units	759 ( 6.9%)
Median Home Value	$329,209
Average Home Value	$453,272