Cordoba Plan, K. Hovnanian's® Four Seasons at Hatteras Hills, Magnolia, DE, 19962 | $649/mo Cash Flow

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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 Magnolia at Cordoba Plan, K. Hovnanian's® Four Seasons at Hatteras Hills, Magnolia, DE, 19962 listed at $482,900 pairs $3,444/mo rent with a $2,364/mo payment to leave $649/mo cash flow. Total monthly income runs $3,444/mo, and annual cash flow reaches $7,793/yr on $160,081 cash to close. Return on cash invested measures 24.78% in year one, and rental yield registers 8.56% at a $482,900 basis. Equity gained on principal adds $3,116/yr, and annual property appreciation at 5% supports $133,416 by year five. Five-year ROI tracks 128.43% and total cumulative return in cash totals $205,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,444/mo property income relative to a $2,364/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

N/A 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