38817 Grant AveSelbyvilleDE19975
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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
Investment Highlights
Rental property for sale in Selbyville at 38817 Grant Ave, Selbyville, DE, 19975 generates $2,942/mo in rent, after a $4,087/mo payment. Total monthly income is $2,942/mo. Return on cash invested sits at 11.81% in year one, and rental yield is 4.23% on a $835,000 entry. Equity gained on principal adds $5,388/yr, while 5% annual appreciation builds toward $230,695 over five years. Five-year ROI reaches 58.83% and total cumulative return in cash sums $161,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,942/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19975, Selbyville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,207 (100%) |
| Owner Occupied HU | 4,959 (53.9%) |
| Renter Occupied HU | 748 ( 8.1%) |
| Vacant Housing Units | 3,500 (38.0%) |
| Median Home Value | $508,771 |
| Average Home Value | $553,016 |
Housing Distribution
Address Breakdown
Residential
7,482
Single Family
6,335
Multi-Family
1,147
Businesses
392
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Listed by: Rich Price • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #DESU2088114