6 Kings Grant RdHockessinDE19707
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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 6 Kings Grant Rd, Hockessin, DE, 19707 earns from $3,460/mo rent with a $2,936/mo payment. Total monthly income totals $3,460/mo. ROI tracks 19.99% on current figures, and rental yield reads 6.92% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 102.74% and total cumulative return in cash sums $202,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,460/mo property income instead of your personal income.
Single Family
Built in 1976
0.41 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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