76 Mandrake Dr, Magnolia, DE, 19962 | $988/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 76 Mandrake Dr, Magnolia, DE, 19962 priced at $469,900 pairs $3,707/mo rent with $988/mo cash flow after a $2,300/mo payment. Total monthly income equals $3,707/mo, and annual cash flow comes to $11,856/yr on $155,772 invested. Return on cash invested is 27.52% in year one, and rental yield stands at 9.47% on a $469,900 basis. Equity gained on principal adds $3,032/yr, and 5% annual appreciation accumulates to $129,825 by year five. Five-year ROI measures 143.16% and total cumulative return in cash reaches $222,998. For financing, Ziffy Mortgage’s DSCR program evaluates $3,707/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2011

0.28 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