53 Tributary Ln, Millville, DE, 19967 | $795/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Millville at 53 Tributary Ln, Millville, DE, 19967 uses $117,683 cash to close to unlock $9,546/yr annual cash flow and $795/mo monthly cash flow. Total monthly income runs $2,850/mo, and a $1,738/mo payment keeps the spread at $795/mo. Purchase price stands at $355,000, and rental yield measures 9.63% with $2,850/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 145.83% and total cumulative return in cash records $171,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $1,738/mo payment rather than investor’s personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19967, Millville, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,306 (100%)
Owner Occupied HU	1,352 (58.6%)
Renter Occupied HU	121 ( 5.2%)
Vacant Housing Units	833 (36.1%)
Median Home Value	$514,296
Average Home Value	$526,635