431 Sitka Spruce LnTownsendDE19734
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 431 Sitka Spruce Ln, Townsend, DE, 19734 in Townsend speaks for itself: 10.55% gross on a $314,900 price, generating $2,770/mo in rent and $948/mo in net income after the $1,416/mo debt service. DSCR 1.96, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,370 stacks alongside $87,001 in projected five-year appreciation and $2,900/yr in principal reduction. Projected total cumulative return: $179,893.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 4.2% |
| Monthly Cash Flow | $948 | $1,850 |
City averages based on Townsend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,770 |
| Total Monthly Debt Service | $1,697 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2020
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19734, Townsend, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,326 (100%) |
| Owner Occupied HU | 4,785 (89.8%) |
| Renter Occupied HU | 319 ( 6.0%) |
| Vacant Housing Units | 222 ( 4.2%) |
| Median Home Value | $456,332 |
| Average Home Value | $472,179 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,950
Multi-Family
0
Businesses
164
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
Townhouse
Built in 2020
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19734, Townsend, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,326 (100%) |
| Owner Occupied HU | 4,785 (89.8%) |
| Renter Occupied HU | 319 ( 6.0%) |
| Vacant Housing Units | 222 ( 4.2%) |
| Median Home Value | $456,332 |
| Average Home Value | $472,179 |
Housing Distribution
Address Breakdown
Residential
4,950
Single Family
4,950
Multi-Family
0
Businesses
164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices