5 Hickman St #CRehoboth BeachDE19971
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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 Rehoboth Beach at 5 Hickman St #C, Rehoboth Beach, DE, 19971 projects strong ROI of 4.17%. Rental yield 1.88%. With 5% annual appreciation, the property builds $600,912 in value over five years. Equity growth combined delivers a projected five-year ROI of 17.99%, translating into $126,758 in total cumulative return on $704,700 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Townhouse
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,117 (100%) |
| Owner Occupied HU | 6,931 (38.3%) |
| Renter Occupied HU | 1,380 ( 7.6%) |
| Vacant Housing Units | 9,806 (54.1%) |
| Median Home Value | $664,792 |
| Average Home Value | $784,663 |
Housing Distribution
Address Breakdown
Residential
11,678
Single Family
11,217
Multi-Family
461
Businesses
1,323
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Listed by: Vince DiPietro • Northrop Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DESU2090902
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