509 Vine StBethelDE19931
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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 Bethel at 509 Vine St, Bethel, DE, 19931 uses $143,009 cash to close to unlock $4,372/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $2,860/mo, and a $2,111/mo payment keeps the spread at $364/mo. Purchase price stands at $431,400, and rental yield measures 7.96% with $2,860/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $119,188 over five years. Five-year ROI reaches 118.72% and total cumulative return in cash records $169,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,860/mo property income covering a $2,111/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19931, Bethel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 140 (100%) |
| Owner Occupied HU | 102 (72.9%) |
| Renter Occupied HU | 16 (11.4%) |
| Vacant Housing Units | 22 (15.7%) |
| Median Home Value | $296,000 |
| Average Home Value | $338,137 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
14
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