518 Drapers Mill Rd, Felton, DE, 19943 | 5.2% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2551 sft

106 Briarwood Cir, Denton, MD, 21629

3 Bed
3 Bath
1597 sft

123 East St, Harrington, DE, 19952

3 Bed
3 Bath
2434 sft

6551 Decou Dr, Milford, DE, 19963

3 Bed
2 Bath
1536 sft

419 Mulberry St, Smyrna, DE, 19977

Nearby investment properties with comparable prices

2 Bed
2 Bath
1510 sft

2 Fairmont Ln, Dover, DE, 19904

4 Bed
4 Bath
3351 sft

155 Newells Creek Dr, Camden Wyoming, DE, 19934

4 Bed
2 Bath
1774 sft

406 Remington Dr, Magnolia, DE, 19962

3 Bed
2 Bath
1625 sft

58 New St, Kenton, DE, 19955

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

Rental property for sale in Felton at 518 Drapers Mill Rd, Felton, DE, 19943 priced at $494,900 pairs $2,146/mo rent with after a $2,422/mo payment. Total monthly income equals $2,146/mo. Return on cash invested is 14.66% in year one, and rental yield stands at 5.2% on a $494,900 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,732 by year five. Five-year ROI measures 74.18% and total cumulative return in cash reaches $121,695. For financing, Ziffy Mortgage’s DSCR program evaluates $2,146/mo property income against a $2,422/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1982

3.10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19943, Felton, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,961 (100%)
Owner Occupied HU	4,838 (81.2%)
Renter Occupied HU	752 (12.6%)
Vacant Housing Units	371 ( 6.2%)
Median Home Value	$358,999
Average Home Value	$365,888