507 Pearl St, Ellendale, DE, 19941 | $100/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1404 sft

22421 Cedar Ln, Georgetown, DE, 19947

3 Bed
2 Bath
1680 sft

1007 Paris Kirby Rd, Milford, DE, 19963

3 Bed
3 Bath
1375 sft

6370 Pebblebrook Dr, Milford, DE, 19963

3 Bed
2 Bath
- sft

21680 F St, Rehoboth Beach, DE, 19971

Nearby investment properties with comparable prices

3 Bed
2 Bath
1627 sft

180 Kitty Hawk Way, Magnolia, DE, 19962

3 Bed
3 Bath
2229 sft

2 Bass Dr, Milton, DE, 19968

5 Bed
3 Bath
2415 sft

22169 Shorebird Way, Millsboro, DE, 19966

4 Bed
3 Bath
1953 sft

95 Carriage Blvd, Magnolia, DE, 19962

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Ellendale at 507 Pearl St, Ellendale, DE, 19941 listed at $489,000 pairs $2,929/mo rent with a $2,393/mo payment to leave $100/mo cash flow. Total monthly income runs $2,929/mo, and annual cash flow reaches $1,200/yr on $162,104 cash to close. Return on cash invested measures 20.65% in year one, and rental yield registers 7.19% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 106.27% and total cumulative return in cash totals $172,270. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,929/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19941, Ellendale, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,386 (100%)
Owner Occupied HU	1,034 (74.6%)
Renter Occupied HU	244 (17.6%)
Vacant Housing Units	108 ( 7.8%)
Median Home Value	$347,115
Average Home Value	$371,431