8950 Shawnee RdGreenwoodDE19950
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 8950 Shawnee Rd, Greenwood, DE, 19950 in Greenwood at $399,000 earns $2,444/mo in rent and nets $136/mo after the $1,794/mo payment, a 7.35% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,236 over five years. Ziffy Mortgage underwrites this on a 1.36 DSCR without U.S. credit history. With $3,675/yr in principal paydown, total projected return reaches $159,365.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 8.0% |
| Monthly Cash Flow | $136 | $1,500 |
City averages based on Greenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,444 |
| Total Monthly Debt Service | $2,150 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19950, Greenwood, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 2,341 (79.5%) |
| Renter Occupied HU | 386 (13.1%) |
| Vacant Housing Units | 217 ( 7.4%) |
| Median Home Value | $364,721 |
| Average Home Value | $408,818 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,792
Multi-Family
6
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1974
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19950, Greenwood, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 2,341 (79.5%) |
| Renter Occupied HU | 386 (13.1%) |
| Vacant Housing Units | 217 ( 7.4%) |
| Median Home Value | $364,721 |
| Average Home Value | $408,818 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,792
Multi-Family
6
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices