755 Saltere Rd, Clayton, DE, 19938 | 3.92% Rental Yield

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
1800 sft

57 Boyd Dr, Magnolia, DE, 19962

3 Bed
2 Bath
1620 sft

516 Weaver Dr #516, Dover, DE, 19901

3 Bed
1 Bath
1320 sft

1006 S Bradford St, Dover, DE, 19904

3 Bed
1 Bath
1168 sft

28 N Governors Ave, Dover, DE, 19904

Nearby investment properties with comparable prices

2 Bed
2 Bath
1778 sft

214 Hearthington Holw, Smyrna, DE, 19977

4 Bed
2 Bath
1774 sft

253 Remington Dr, Magnolia, DE, 19962

3 Bed
3 Bath
2417 sft

20 Hoylake Ct, Dover, DE, 19904

4 Bed
3 Bath
1939 sft

899 Schoolhouse Ln, Dover, DE, 19904

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Clayton at 755 Saltere Rd, Clayton, DE, 19938 offers $1,568/mo rent that, after a $2,349/mo payment. Total monthly income is $1,568/mo. Return on cash invested measures 10.79% in year one, and rental yield stands at 3.92% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 53.43% and total cumulative return in cash reaches $85,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,568/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1979

8 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19938, Clayton, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,284 (100%)
Owner Occupied HU	3,795 (88.6%)
Renter Occupied HU	355 ( 8.3%)
Vacant Housing Units	134 ( 3.1%)
Median Home Value	$395,957
Average Home Value	$402,605