Captains Blvd #V6BLNFEllendaleDE19941
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. Rental yield 0%. Captains Blvd #V6BLNF, Ellendale, DE, 19941 in Ellendale fits: $484,600, 0% gross yield, and a projected 5% annual appreciation rate adding $133,886 in value within five years. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,463/yr in principal paydown and $133,886 in appreciation project a total return of $2,470.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $200 |
City averages based on Ellendale market data in our database. Property projections are estimates.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19941, Ellendale, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,386 (100%) |
| Owner Occupied HU | 1,034 (74.6%) |
| Renter Occupied HU | 244 (17.6%) |
| Vacant Housing Units | 108 ( 7.8%) |
| Median Home Value | $347,115 |
| Average Home Value | $371,431 |
Housing Distribution
Address Breakdown
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19941, Ellendale, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,386 (100%) |
| Owner Occupied HU | 1,034 (74.6%) |
| Renter Occupied HU | 244 (17.6%) |
| Vacant Housing Units | 108 ( 7.8%) |
| Median Home Value | $347,115 |
| Average Home Value | $371,431 |
Housing Distribution
Address Breakdown
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices