904 NE 10th St, Milford, DE, 19963 | $167/mo Cash Flow

For Sale

Listed for sale 2 days ago

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 Milford at 904 NE 10th St, Milford, DE, 19963 uses $141,716 cash to close to unlock $2,002/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $2,092/mo payment keeps the spread at $167/mo. Purchase price stands at $427,500, and rental yield measures 7.41% with $2,640/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $118,110 over five years. Five-year ROI reaches 109.87% and total cumulative return in cash records $155,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $2,092/mo payment rather than investor’s personal income.

Single Family

Built in 2023

0.48 Acres lot

$N/A/sqft

No HOA