87 Chandler Ct, Hockessin, DE, 19707 | 5.88% Rental Yield

For Sale

Listed for sale 2 days ago

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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 Hockessin at 87 Chandler Ct, Hockessin, DE, 19707 priced at $580,000 pairs $2,844/mo rent with after a $2,839/mo payment. Total monthly income equals $2,844/mo. Return on cash invested is 16.84% in year one, and rental yield stands at 5.88% on a $580,000 basis. Equity gained on principal adds $3,743/yr, and 5% annual appreciation accumulates to $160,243 by year five. Five-year ROI measures 85.82% and total cumulative return in cash reaches $163,761. For financing, Ziffy Mortgage’s DSCR program evaluates $2,844/mo property income against a $2,839/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1989

7,405 sqft 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