39229 Misty Ln, Millville, DE, 19967 | $156/mo Cash Flow

For Sale

Rental Income

Listed for sale 2 days ago

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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

Investment property for sale in Millville at 39229 Misty Ln, Millville, DE, 19967 offers a 7.36% rental yield on a $449,000 purchase with $2,754/mo rent. Total monthly income registers $2,754/mo, and a $2,198/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,868/yr on $148,844 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 109.04% and total cumulative return in cash at $162,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,754/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2023

4,286 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19967, Millville, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,306 (100%)
Owner Occupied HU	1,352 (58.6%)
Renter Occupied HU	121 ( 5.2%)
Vacant Housing Units	833 (36.1%)
Median Home Value	$514,296
Average Home Value	$526,635