43 Millstone LnRocklandDE19732








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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
Rental property for sale in Rockland at 43 Millstone Ln, Rockland, DE, 19732 priced at $639,000 converts $3,144/mo rent into after a $3,128/mo obligation. Total monthly income equals $3,144/mo. Return on cash invested prints 16.9% in year one, and rental yield reads 5.9% against a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation compiles into $176,544 by year five. Five-year ROI reaches 86.15% and total cumulative return in cash sums $181,120. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,144/mo property income covering a $3,128/mo payment, not borrower’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 19732, Rockland, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 133 (100%) |
| Owner Occupied HU | 88 (66.2%) |
| Renter Occupied HU | 12 ( 9.0%) |
| Vacant Housing Units | 33 (24.8%) |
| Median Home Value | $649,123 |
| Average Home Value | $712,216 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
76
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: Condo
- Year Built: 1988
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Inside Entrance, Garage Faces Front, Asphalt, Attached, Driveway
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Debby Sweeney • Compass
Mls Name: Bright MLS
Mls ID: #DENC2089254








