






A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Magnolia at 588 Olde Field Dr, Magnolia, DE, 19962 earns from $2,340/mo rent with a $2,129/mo payment. Total monthly income totals $2,340/mo. ROI tracks 18.44% on current figures, and rental yield reads 6.46% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 94.44% and total cumulative return in cash sums $136,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 2008
10,237 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.
| 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 |
Residential
5,202
Single Family
5,202
Multi-Family
0
Businesses
83
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Yvonne Hall • Keller Williams Realty Central-Delaware
Mls Name: Bright MLS
Mls ID: #DEKT2043176