4 John Hall DrOcean ViewDE19970
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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
Investment property for sale in Ocean View at 4 John Hall Dr, Ocean View, DE, 19970 offers a 9.56% rental yield on a $419,900 purchase with $3,344/mo rent. Total monthly income registers $3,344/mo, and a $2,055/mo payment leaves $915/mo available for distribution. Annual cash flow reaches $10,975/yr on $139,197 to close, and return on cash invested stands at 27.79% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 144.6% and total cumulative return in cash at $201,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,344/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
N/A 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 |
Housing Distribution
Address Breakdown
Residential
6,980
Single Family
6,979
Multi-Family
1
Businesses
320
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Listed by: Lee Ann Wilkinson • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #DESU2100970