590 Lobo Rd, Harrington, DE, 19952 | $311/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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4983 Milford Harrington Hwy, Harrington, DE, 19952

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 Harrington at 590 Lobo Rd, Harrington, DE, 19952 generates $1,902/mo in rent and, after a $1,346/mo payment, leaves $311/mo in cash flow. Total monthly income is $1,902/mo, and annual cash flow is $3,730/yr on $91,163 invested. Return on cash invested sits at 24% in year one, and rental yield is 8.3% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 124.26% and total cumulative return in cash sums $113,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,902/mo property income rather than buyer’s personal income.

Manufactured

Built in 1989

0.50 Acres lot

$N/A/sqft

No HOA