38284 Clearwater Ct, Ocean View, DE, 19970 | 5.6% Rental Yield

Off market

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 Ocean View at 38284 Clearwater Ct, Ocean View, DE, 19970 listed at $630,400 pairs $2,942/mo rent with a $3,085/mo payment. Total monthly income runs $2,942/mo. Return on cash invested measures 15.98% in year one, and rental yield registers 5.6% at a $630,400 basis. Equity gained on principal adds $4,068/yr, and annual property appreciation at 5% supports $174,168 by year five. Five-year ROI tracks 81.21% and total cumulative return in cash totals $168,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,942/mo property income relative to a $3,085/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2020

6,372 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