39626 Sea Del Dr NBethany BeachDE19930
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 39626 Sea Del Dr N, Bethany Beach, DE, 19930 in Bethany Beach worth study. Rental yield 1.85%. The 1.85% gross yield is below cash-flow benchmarks at $1,775,000, but 5% annual appreciation, adding $490,400 over five years, frames this as a capital growth position. Rent of $2,730/mo partially offsets the $7,982/mo payment. Ziffy Mortgage finances appreciation-play properties (0.34 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $46,704.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 5.5% |
| Monthly Cash Flow | $(9,840) | $1,200 |
City averages based on Bethany Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,730 |
| Total Monthly Debt Service | $11,864 |
| DSCR Ratio | 0.23x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
8,276 sqft lot
$N/A/sqft
$2,300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1981
8,276 sqft lot
$N/A/sqft
$2,300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LESLIE KOPP • Long & Foster Real Estate, Inc.
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #DESU2087520
Disclaimer: Listing information is deemed reliable, but not guaranteed.