554 Holly Knoll RdHockessinDE19707
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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
Rental property for sale in Hockessin at 554 Holly Knoll Rd, Hockessin, DE, 19707 priced at $624,900 converts $3,842/mo rent into $226/mo cash flow after a $3,059/mo obligation. Total monthly income equals $3,842/mo, and annual cash flow totals $2,709/yr on $205,592 invested. Return on cash invested prints 21.38% in year one, and rental yield reads 7.38% against a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation compiles into $172,648 by year five. Five-year ROI reaches 110.15% and total cumulative return in cash sums $226,469. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,842/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19707, Hockessin, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,502 (100%) |
| Owner Occupied HU | 5,823 (89.6%) |
| Renter Occupied HU | 502 ( 7.7%) |
| Vacant Housing Units | 177 ( 2.7%) |
| Median Home Value | $556,921 |
| Average Home Value | $573,991 |
Housing Distribution
Address Breakdown
Residential
6,403
Single Family
5,870
Multi-Family
533
Businesses
701
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