57 Belmont DrHockessinDE19707
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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 Hockessin at 57 Belmont Dr, Hockessin, DE, 19707 listed at $775,000 pairs $4,117/mo rent with a $3,793/mo payment. Total monthly income runs $4,117/mo. Return on cash invested measures 18.33% in year one, and rental yield registers 6.37% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 93.81% and total cumulative return in cash totals $239,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,117/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.76 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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