605 5th StDelaware CityDE19706
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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
Rental property for sale in Delaware City at 605 5th St, Delaware City, DE, 19706 generates $1,577/mo in rent and, after a $1,072/mo payment, leaves $310/mo in cash flow. Total monthly income is $1,577/mo, and annual cash flow is $3,717/yr on $72,599 invested. Return on cash invested sits at 25.03% in year one, and rental yield is 8.64% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 129.77% and total cumulative return in cash sums $94,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,577/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19706, Delaware City, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 629 (78.0%) |
| Renter Occupied HU | 130 (16.1%) |
| Vacant Housing Units | 47 ( 5.8%) |
| Median Home Value | $334,459 |
| Average Home Value | $337,631 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
77
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Listed by: Danielle Perry • RE/MAX Edge
Mls Name: Bright MLS
Mls ID: #DENC2092588