38389 F Benson St #15, Rehoboth Beach, DE, 19971 | 3.61% 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

Total monthly income runs $2,520/mo, and a $4,101/mo payment. Purchase price stands at $837,900, and rental yield measures 3.61% with $2,520/mo rent. Return on cash invested shows 9.93% in year one, and 5% annual appreciation builds toward $231,496 over five years. Five-year ROI reaches 48.73% and total cumulative return in cash records $134,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $4,101/mo payment rather than investor’s personal income.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,117 (100%)
Owner Occupied HU	6,931 (38.3%)
Renter Occupied HU	1,380 ( 7.6%)
Vacant Housing Units	9,806 (54.1%)
Median Home Value	$664,792
Average Home Value	$784,663