981 Sophers RowMagnoliaDE19962
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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
Rental property for sale in Magnolia at 981 Sophers Row, Magnolia, DE, 19962 generates $2,308/mo in rent and, after a $1,287/mo payment, leaves $787/mo in cash flow. Total monthly income is $2,308/mo, and annual cash flow is $9,439/yr on $87,151 invested. Return on cash invested sits at 30.74% in year one, and rental yield is 10.53% on a $262,900 entry. Equity gained on principal adds $1,696/yr, while 5% annual appreciation builds toward $72,634 over five years. Five-year ROI reaches 160.4% and total cumulative return in cash sums $139,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19962, Magnolia, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,236 (100%) |
| Owner Occupied HU | 4,190 (80.0%) |
| Renter Occupied HU | 864 (16.5%) |
| Vacant Housing Units | 182 ( 3.5%) |
| Median Home Value | $403,559 |
| Average Home Value | $400,849 |
Housing Distribution
Address Breakdown
Residential
5,202
Single Family
5,202
Multi-Family
0
Businesses
83
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