613 Garron Point PassBearDE19701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bear at 613 Garron Point Pass, Bear, DE, 19701 at $740,000 posts ROI 24.27% with $853/mo cash flow from $5,135/mo rent. Total monthly income equals $5,135/mo, and annual cash flow records $10,238/yr on $243,460 to close. Return on cash invested measures 24.27% and rental yield reads 8.33% at the current $740,000. Equity gained on principal adds $4,775/yr, and 5% annual appreciation supports $204,448 by year five. Five-year ROI prints 125.65% and total cumulative return in cash totals $305,914.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,135/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19701, Bear, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,521 (100%) |
| Owner Occupied HU | 12,885 (78.0%) |
| Renter Occupied HU | 3,089 (18.7%) |
| Vacant Housing Units | 547 ( 3.3%) |
| Median Home Value | $385,141 |
| Average Home Value | $401,688 |
Housing Distribution
Address Breakdown
Residential
16,404
Single Family
14,748
Multi-Family
1,656
Businesses
920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices