66 Doris Ct, Magnolia, DE, 19962 | $465/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Magnolia at 66 Doris Ct, Magnolia, DE, 19962 priced at $359,900 pairs $2,548/mo rent with $465/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,548/mo, and annual cash flow comes to $5,581/yr on $119,307 invested. Return on cash invested is 24.59% in year one, and rental yield stands at 8.5% on a $359,900 basis. Equity gained on principal adds $2,322/yr, and 5% annual appreciation accumulates to $99,434 by year five. Five-year ROI measures 127.43% and total cumulative return in cash reaches $152,030. For financing, Ziffy Mortgage’s DSCR program evaluates $2,548/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2016

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,236 (100%)
Owner Occupied HU	4,190 (80.0%)
Renter Occupied HU	864 (16.5%)
Vacant Housing Units	182 ( 3.5%)
Median Home Value	$403,559
Average Home Value	$400,849