Cartwright Plan, Ingram VillageEllendaleDE19941
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Ellendale rental at Cartwright Plan, Ingram Village, Ellendale, DE, 19941 sits in the solid-income band: 8.31% gross yield, $2,876/mo rent, $473/mo net after the $1,867/mo debt service, DSCR 1.54. Entry price of $415,300 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $114,740 and $3,825/yr in principal reduction bring total cumulative return to $187,230.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $473 | $200 |
City averages based on Ellendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,876 |
| Total Monthly Debt Service | $2,238 |
| DSCR Ratio | 1.29x |
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: 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
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: 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
Nearby investment properties with comparable prices
