57 Boyd Dr, Magnolia, DE, 19962 | $381/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1364 sft

307 Jean Bradley Cir #314, Frederica, DE, 19946

3 Bed
2 Bath
1559 sft

739 Saks St #73, Smyrna, DE, 19977

4 Bed
2 Bath
1904 sft

115 Sherwood Forest Way, Hartly, DE, 19953

3 Bed
2 Bath
1296 sft

120 Kurt Dr, Dover, DE, 19901

Nearby investment properties with comparable prices

3 Bed
1 Bath
1318 sft

208 N Kirkwood St, Dover, DE, 19904

4 Bed
2 Bath
1976 sft

11 Buttercup Ct #77, Dover, DE, 19904

2 Bed
1 Bath
1040 sft

22955 Slaughter Neck Rd, Lincoln, DE, 19960

3 Bed
2 Bath
1568 sft

148 Daffodil Dr #148, Magnolia, DE, 19962

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 Magnolia at 57 Boyd Dr, Magnolia, DE, 19962 priced at $165,000 converts $1,336/mo rent into $381/mo cash flow after a $808/mo obligation. Total monthly income equals $1,336/mo, and annual cash flow totals $4,571/yr on $54,698 invested. Return on cash invested prints 28.27% in year one, and rental yield reads 9.72% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 147.12% and total cumulative return in cash sums $80,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,336/mo property income covering a $808/mo payment, not borrower’s personal income.

Manufactured

Built in 2025

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,236 (100%)
Owner Occupied HU	4,190 (80.0%)
Renter Occupied HU	864 (16.5%)
Vacant Housing Units	182 ( 3.5%)
Median Home Value	$403,559
Average Home Value	$400,849