Farragut House Rd #PENTHOUSE 03, Bethany Beach, DE, 19930 | 3.15% Rental Yield

For Sale

Rental Income

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 Bethany Beach at Farragut House Rd #PENTHOUSE 03, Bethany Beach, DE, 19930 priced at $1,189,000 converts $3,120/mo rent into after a $5,820/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 8.66% in year one, and rental yield reads 3.15% against a $1,189,000 entry. Equity gained on principal adds $7,672/yr, while 5% annual appreciation compiles into $328,499 by year five. Five-year ROI reaches 41.86% and total cumulative return in cash sums $161,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $5,820/mo payment, not borrower’s personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA