82 Hightide DrFredericaDE19946
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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
Investment property for sale in Frederica at 82 Hightide Dr, Frederica, DE, 19946 uses $129,252 cash to close to unlock $4,048/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $2,593/mo, and a $1,908/mo payment keeps the spread at $337/mo. Purchase price stands at $389,900, and rental yield measures 7.98% with $2,593/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash records $153,985. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,593/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19946, Frederica, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,090 (100%) |
| Owner Occupied HU | 1,563 (74.8%) |
| Renter Occupied HU | 354 (16.9%) |
| Vacant Housing Units | 173 ( 8.3%) |
| Median Home Value | $355,351 |
| Average Home Value | $352,639 |
Housing Distribution
Address Breakdown
Residential
1,743
Single Family
1,743
Multi-Family
0
Businesses
55
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