38185 Martins Way, Ocean View, DE, 19970 | 2.04% Rental Yield

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

Rental property for sale in Ocean View at 38185 Martins Way, Ocean View, DE, 19970 generates $2,718/mo in rent, after a $7,831/mo payment. Total monthly income is $2,718/mo. Return on cash invested sits at 5.23% in year one, and rental yield is 2.04% on a $1,599,900 entry. Equity gained on principal adds $10,324/yr, while 5% annual appreciation builds toward $442,023 over five years. Five-year ROI reaches 23.49% and total cumulative return in cash sums $121,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,718/mo property income rather than buyer’s personal income.

Single Family

Built in 2026

6,519 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19970, Ocean View, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,474 (100%)
Owner Occupied HU	4,415 (46.6%)
Renter Occupied HU	454 ( 4.8%)
Vacant Housing Units	4,605 (48.6%)
Median Home Value	$543,498
Average Home Value	$597,639