DEERFIELD Plan, Kent County Select, Magnolia, DE, 19962 | $367/mo Cash Flow

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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

Rental property for sale in Magnolia at DEERFIELD Plan, Kent County Select, Magnolia, DE, 19962 priced at $392,990 converts $2,640/mo rent into $367/mo cash flow after a $1,923/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $4,399/yr on $130,276 invested. Return on cash invested prints 23.29% in year one, and rental yield reads 8.06% against a $392,990 entry. Equity gained on principal adds $2,536/yr, while 5% annual appreciation compiles into $108,576 by year five. Five-year ROI reaches 120.42% and total cumulative return in cash sums $156,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,923/mo payment, not borrower’s personal income.

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