5087 Wheatleys Pond Rd, Smyrna, DE, 19977 | 6.08% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

5087 Wheatleys Pond Rd, Smyrna, DE, 19977 | 6.08% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 2 more

3 Bed
1 Bath
960 sft

3318 Underwoods Corner Rd, Clayton, DE, 19938

1 Bed
1 Bath
512 sft

26355 Marydel Rd, Marydel, MD, 21649

3 Bed
2 Bath
1560 sft

2418 Seeneytown Rd, Dover, DE, 19904

3 Bed
1 Bath
1568 sft

306 Railroad Ave, Goldsboro, MD, 21636

Nearby investment properties with comparable prices

3 Bed
2 Bath
950 sft

233 Main St, Hartly, DE, 19953

3 Bed
2 Bath
- sft

136 Landry Ln, Dover, DE, 19904

3 Bed
2 Bath
1388 sft

302 Main St, Church Hill, MD, 21623

2 Bed
2 Bath
924 sft

357 Hopewell Dr, Clayton, DE, 19938

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 Smyrna at 5087 Wheatleys Pond Rd, Smyrna, DE, 19977 listed at $249,990 pairs $1,266/mo rent with a $1,224/mo payment. Total monthly income runs $1,266/mo. Return on cash invested measures 17.29% in year one, and rental yield registers 6.08% at a $249,990 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,068 by year five. Five-year ROI tracks 88.32% and total cumulative return in cash totals $73,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,266/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Bungalow on Half Acre Lot Introducing 5087 Wheatleys Pond Rd. in Smyrna, DE. Welcome to this cozy and affordable 1-bedroom, 1-bathroom home with a flex room nestled in the heart of Kent County! Just under 1,000 sq ft, this home offers a warm and functional layout with an added bonus: a spacious loft areaperfect for a home office, guest space, or extra storage. Situated on a generous half acre, fenced lot, theres plenty of room to spread out and enjoy the outdoors. Whether you're entertaining guests, letting the kids run free, or giving your pets space to play, this backyard delivers. A large storage shed adds practicality, and there's ample off-street parkingbring your RV, boat, or multiple vehicles with no hassle! Step inside to find updated flooring throughout, newer siding, central air conditioning and a tankless Rinnai water heater to keep things comfortable year-round. Located just minutes from tax-free shopping, local dining, and schools, this home offers a rare combination of peace and convenience. Short commute to the renowned Delaware beaches. Whether youre a first-time buyer, downsizing, or looking for a smart investment, this property checks all the boxes. Act now while interest rates are at their lowest in over a yearthis charming ranch wont last long at this price point!

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