815 New StMilfordDE19963
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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 Milford at 815 New St, Milford, DE, 19963 generates $1,691/mo in rent and, after a $1,223/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,691/mo, and annual cash flow is $2,942/yr on $82,842 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.12% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 121.39% and total cumulative return in cash sums $100,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,691/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Joe Wells • RE/MAX Horizons
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DESU2073790
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