442 Melrose St LOT 32, Harrington, DE, 19952 | $347/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Harrington at 442 Melrose St LOT 32, Harrington, DE, 19952 earns $347/mo cash flow from $2,400/mo rent with a $1,737/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $4,158/yr on $117,649 capital. ROI tracks 23.44% on current figures, and rental yield reads 8.11% at a $354,900 purchase. Equity gained on principal adds $2,290/yr, and 5% annual appreciation supports $98,052 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash sums $142,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.

Single Family

Built in N/A

1,584 sqft lot

$N/A/sqft

No HOA