645 Dairy DrSmyrnaDE19977
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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 Smyrna at 645 Dairy Dr, Smyrna, DE, 19977 offers $1,938/mo rent that, after a $1,370/mo payment, leaves $318/mo cash flow. Total monthly income is $1,938/mo, and annual cash flow is $3,820/yr on $92,820 cash. Return on cash invested measures 24.02% in year one, and rental yield stands at 8.31% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 124.42% and total cumulative return in cash reaches $115,485. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,938/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
6,447 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19977, Smyrna, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 8,859 (79.9%) |
| Renter Occupied HU | 1,695 (15.3%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $350,711 |
| Average Home Value | $357,988 |
Housing Distribution
Address Breakdown
Residential
10,762
Single Family
10,740
Multi-Family
22
Businesses
637
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