413 4th StFredericaDE19946
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
Investment property for sale in Frederica at 413 4th St, Frederica, DE, 19946 offers a 22.44% rental yield on a $136,400 purchase with $2,551/mo rent. Total monthly income registers $2,551/mo, and a $668/mo payment leaves $1,761/mo available for distribution. Annual cash flow reaches $21,137/yr on $45,217 to close, and return on cash invested stands at 66.65% in year one. Equity gained on principal adds $880/yr while 5% annual appreciation supports $37,685 over five years. Portfolio math shows five-year ROI at 353.04% and total cumulative return in cash at $159,632. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,551/mo property income against a $668/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19946, Frederica, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,090 (100%) |
| Owner Occupied HU | 1,563 (74.8%) |
| Renter Occupied HU | 354 (16.9%) |
| Vacant Housing Units | 173 ( 8.3%) |
| Median Home Value | $355,351 |
| Average Home Value | $352,639 |
Housing Distribution
Address Breakdown
Residential
1,743
Single Family
1,743
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices