445 Remington DrMagnoliaDE19962
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.2% yield at 445 Remington Dr, Magnolia, DE, 19962 in Magnolia is solid, but the $1,754/mo payment compresses net cash flow to $62/mo at $389,990. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $107,747 by year five, and $3,592/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.33) without U.S. income documentation. Total projected return: $152,579.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 4.2% |
| Monthly Cash Flow | $62 | $850 |
City averages based on Magnolia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $2,101 |
| DSCR Ratio | 1.11x |
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.
Single Family
Built in 2026
9,047 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,236 (100%) |
| Owner Occupied HU | 4,190 (80.0%) |
| Renter Occupied HU | 864 (16.5%) |
| Vacant Housing Units | 182 ( 3.5%) |
| Median Home Value | $403,559 |
| Average Home Value | $400,849 |
Housing Distribution
Address Breakdown
Residential
5,202
Single Family
5,202
Multi-Family
0
Businesses
83
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
Single Family
Built in 2026
9,047 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,236 (100%) |
| Owner Occupied HU | 4,190 (80.0%) |
| Renter Occupied HU | 864 (16.5%) |
| Vacant Housing Units | 182 ( 3.5%) |
| Median Home Value | $403,559 |
| Average Home Value | $400,849 |
Housing Distribution
Address Breakdown
Residential
5,202
Single Family
5,202
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices