823 Grande Ln, Hockessin, DE, 19707 | $397/mo Cash Flow

For Sale

Ziffy Mortgage

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

Investment property for sale in Hockessin at 823 Grande Ln, Hockessin, DE, 19707 earns $397/mo cash flow from $3,434/mo rent with a $2,569/mo payment. Total monthly income totals $3,434/mo, and annual cash flow totals $4,764/yr on $172,692 capital. ROI tracks 22.82% on current figures, and rental yield reads 7.85% at a $524,900 purchase. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 over five years. Five-year ROI reaches 117.87% and total cumulative return in cash sums $203,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,434/mo property income instead of your personal income.

Single Family

Built in 1963

0.59 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19707, Hockessin, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,502 (100%)
Owner Occupied HU	5,823 (89.6%)
Renter Occupied HU	502 ( 7.7%)
Vacant Housing Units	177 ( 2.7%)
Median Home Value	$556,921
Average Home Value	$573,991