420 Sorrell CirSmyrnaDE19977
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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 Smyrna at 420 Sorrell Cir, Smyrna, DE, 19977 offers a 8.5% rental yield on a $449,888 purchase with $3,188/mo rent. Total monthly income registers $3,188/mo, and a $2,202/mo payment leaves $585/mo available for distribution. Annual cash flow reaches $7,018/yr on $149,138 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,296 over five years. Portfolio math shows five-year ROI at 127.55% and total cumulative return in cash at $190,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,188/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,974 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19977, Smyrna, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 8,859 (79.9%) |
| Renter Occupied HU | 1,695 (15.3%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $350,711 |
| Average Home Value | $357,988 |
Housing Distribution
Address Breakdown
Residential
10,762
Single Family
10,740
Multi-Family
22
Businesses
637
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