Admiral 1 Plan, The Residences at Rehoboth Bay, Lewes, DE, 19958 | $363/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 Lewes at Admiral 1 Plan, The Residences at Rehoboth Bay, Lewes, DE, 19958 with 5% annual appreciation on a $452,650 basis while $2,982/mo rent supports operations. Total monthly income totals $2,982/mo and a $2,216/mo payment preserves $363/mo for cash returns. Annual cash flow comes to $4,361/yr on $150,053 deployed, and return on cash invested reaches 22.82% in year one. Equity gained on principal adds $2,921/yr, and five-year appreciation sums $125,059 alongside rental yield of 7.91%. Five-year ROI measures 117.9% and total cumulative return in cash totals $176,914.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,982/mo property income versus a $2,216/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,534 (100%)
Owner Occupied HU	14,199 (60.3%)
Renter Occupied HU	2,726 (11.6%)
Vacant Housing Units	6,609 (28.1%)
Median Home Value	$533,378
Average Home Value	$591,039