AZALEA Plan, Belle Shoal at Millville by the SeaMillvilleDE19967
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.12% yield at AZALEA Plan, Belle Shoal at Millville by the Sea, Millville, DE, 19967 in Millville is solid, but the $2,280/mo payment compresses net cash flow to $75/mo at $506,990. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $140,072 by year five, and $4,669/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.32) without U.S. income documentation. Total projected return: $196,122.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.5% |
| Monthly Cash Flow | $75 | $1,200 |
City averages based on Millville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,008 |
| Total Monthly Debt Service | $2,732 |
| DSCR Ratio | 1.10x |
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19967, Millville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,306 (100%) |
| Owner Occupied HU | 1,352 (58.6%) |
| Renter Occupied HU | 121 ( 5.2%) |
| Vacant Housing Units | 833 (36.1%) |
| Median Home Value | $514,296 |
| Average Home Value | $526,635 |
Housing Distribution
Address Breakdown
Residential
1,948
Single Family
1,166
Multi-Family
782
Businesses
85
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19967, Millville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,306 (100%) |
| Owner Occupied HU | 1,352 (58.6%) |
| Renter Occupied HU | 121 ( 5.2%) |
| Vacant Housing Units | 833 (36.1%) |
| Median Home Value | $514,296 |
| Average Home Value | $526,635 |
Housing Distribution
Address Breakdown
Residential
1,948
Single Family
1,166
Multi-Family
782
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
