513 Pine StLaurelDE19956
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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 Laurel at 513 Pine St, Laurel, DE, 19956 uses $44,719 cash to close to unlock $23,853/yr annual cash flow and $1,988/mo monthly cash flow. Total monthly income runs $2,768/mo, and a $660/mo payment keeps the spread at $1,988/mo. Purchase price stands at $134,900, and rental yield measures 24.62% with $2,768/mo rent. Return on cash invested shows 73.25% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 388.35% and total cumulative return in cash records $173,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,070 (73.6%) |
| Renter Occupied HU | 1,329 (19.3%) |
| Vacant Housing Units | 491 ( 7.1%) |
| Median Home Value | $309,819 |
| Average Home Value | $358,145 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
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