57 Plaindealing Rd, Magnolia, DE, 19962 | 6.48% Rental Yield

For Sale

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

Rental property for sale in Magnolia at 57 Plaindealing Rd, Magnolia, DE, 19962 priced at $399,000 converts $2,154/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,154/mo. Return on cash invested prints 18.5% in year one, and rental yield reads 6.48% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 94.8% and total cumulative return in cash sums $125,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,953/mo payment, not borrower’s personal income.

Single Family

Built in 1970

0.34 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