38235 Thistle Ct UNIT 14, Frankford, DE, 19945 | $356/mo Cash Flow

Off market

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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 Frankford at 38235 Thistle Ct UNIT 14, Frankford, DE, 19945 generates $2,281/mo in rent and, after a $1,628/mo payment, leaves $356/mo in cash flow. Total monthly income is $2,281/mo, and annual cash flow is $4,277/yr on $110,257 invested. Return on cash invested sits at 23.79% in year one, and rental yield is 8.23% on a $332,600 entry. Equity gained on principal adds $2,146/yr, while 5% annual appreciation builds toward $91,891 over five years. Five-year ROI reaches 123.13% and total cumulative return in cash sums $135,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,281/mo property income rather than buyer’s personal income.

Condo

Built in 1994

4.36 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19945, Frankford, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,248 (100%)
Owner Occupied HU	3,537 (56.6%)
Renter Occupied HU	537 ( 8.6%)
Vacant Housing Units	2,174 (34.8%)
Median Home Value	$469,115
Average Home Value	$534,590