416 S Main StBridgevilleDE19933
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 Bridgeville at 416 S Main St, Bridgeville, DE, 19933 generates $2,120/mo in rent and, after a $1,664/mo payment, leaves $153/mo in cash flow. Total monthly income is $2,120/mo, and annual cash flow is $1,835/yr on $112,677 invested. Return on cash invested sits at 21.54% in year one, and rental yield is 7.48% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 111.04% and total cumulative return in cash sums $125,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1874
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19933, Bridgeville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,584 (100%) |
| Owner Occupied HU | 3,313 (72.3%) |
| Renter Occupied HU | 794 (17.3%) |
| Vacant Housing Units | 477 (10.4%) |
| Median Home Value | $339,797 |
| Average Home Value | $367,253 |
Housing Distribution
Address Breakdown
Residential
4,337
Single Family
4,284
Multi-Family
53
Businesses
241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mr. BRIAN G SHANNON • The Real Estate Market
Mls Name: Bright MLS
Mls ID: #DESU2088972