54 Cross LnFredericaDE19946
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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 Frederica at 54 Cross Ln, Frederica, DE, 19946 with 5% annual appreciation on a $277,400 basis while $1,733/mo rent supports operations. Total monthly income totals $1,733/mo and a $1,358/mo payment preserves $128/mo for cash returns. Annual cash flow comes to $1,532/yr on $91,958 deployed, and return on cash invested reaches 21.57% in year one. Equity gained on principal adds $1,790/yr, and five-year appreciation sums $76,641 alongside rental yield of 7.5%. Five-year ROI measures 111.26% and total cumulative return in cash totals $102,308.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,733/mo property income versus a $1,358/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1984
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19946, Frederica, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,090 (100%) |
| Owner Occupied HU | 1,563 (74.8%) |
| Renter Occupied HU | 354 (16.9%) |
| Vacant Housing Units | 173 ( 8.3%) |
| Median Home Value | $355,351 |
| Average Home Value | $352,639 |
Housing Distribution
Address Breakdown
Residential
1,743
Single Family
1,743
Multi-Family
0
Businesses
55
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