404 West StClaytonDE19938
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
Investment Highlights
Rental property for sale in Clayton at 404 West St, Clayton, DE, 19938 priced at $190,000 converts $1,454/mo rent into $355/mo cash flow after a $930/mo obligation. Total monthly income equals $1,454/mo, and annual cash flow totals $4,255/yr on $62,985 invested. Return on cash invested prints 26.66% in year one, and rental yield reads 9.18% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 138.57% and total cumulative return in cash sums $87,276. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,454/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1900
4,182 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19938, Clayton, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,284 (100%) |
| Owner Occupied HU | 3,795 (88.6%) |
| Renter Occupied HU | 355 ( 8.3%) |
| Vacant Housing Units | 134 ( 3.1%) |
| Median Home Value | $395,957 |
| Average Home Value | $402,605 |
Housing Distribution
Address Breakdown
Residential
3,481
Single Family
3,481
Multi-Family
0
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices