496 E Constitution DrWakefield Plan SmyrnaDE19977
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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 Wakefield Plan Smyrna at 496 E Constitution Dr, Wakefield Plan Smyrna, DE, 19977 offers a 6.35% rental yield on a $498,900 purchase with $2,640/mo rent. 12% in year one. Equity gained on principal adds $3,219/yr while 5% annual appreciation supports $137,837 over five years. Portfolio math shows five-year ROI at 92.72% and total cumulative return in cash at $153,346. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.25 Acres 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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Listed by: Mr. Mark Handler • Mark L Handler Real Estate
Mls Name: Bright MLS
Mls ID: #DEKT2038186