754 Red Clay DrBearDE19701
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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 Bear at 754 Red Clay Dr, Bear, DE, 19701 priced at $235,000 converts $1,952/mo rent into $592/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,952/mo, and annual cash flow totals $7,110/yr on $77,903 invested. Return on cash invested prints 29.04% in year one, and rental yield reads 9.97% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 151.27% and total cumulative return in cash sums $117,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,952/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Townhouse
Built in 1982
2,614 sqft 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
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