503 Mulberry St, Milton, DE, 19968 | $119/mo Cash Flow

For Sale

Listed for sale 1 day ago

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 Milton at 503 Mulberry St, Milton, DE, 19968 listed at $498,000 pairs $3,000/mo rent with a $2,437/mo payment to leave $119/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $1,427/yr on $165,087 cash to close. Return on cash invested measures 20.77% in year one, and rental yield registers 7.23% at a $498,000 basis. Equity gained on principal adds $3,214/yr, and annual property appreciation at 5% supports $137,588 by year five. Five-year ROI tracks 106.94% and total cumulative return in cash totals $176,548. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,437/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

7,841 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19968, Milton, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,420 (100%)
Owner Occupied HU	5,893 (70.0%)
Renter Occupied HU	1,008 (12.0%)
Vacant Housing Units	1,519 (18.0%)
Median Home Value	$471,069
Average Home Value	$518,905