Grand Cayman with Basement Plan, Alderleaf Meadows, Millsboro, DE, 19966 | $553/mo Cash Flow

For Sale

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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

Rental property for sale in Millsboro at Grand Cayman with Basement Plan, Alderleaf Meadows, Millsboro, DE, 19966 offers $2,758/mo rent that, after a $1,865/mo payment, leaves $553/mo cash flow. Total monthly income is $2,758/mo, and annual cash flow is $6,639/yr on $126,298 cash. Return on cash invested measures 25.17% in year one, and rental yield stands at 8.69% at a $380,990 entry. Equity gained on principal adds $2,458/yr while 5% annual appreciation compounds into $105,261 by year five. Five-year ROI records 130.53% and total cumulative return in cash reaches $164,855. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,758/mo property income versus a $1,865/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19966, Millsboro, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,604 (100%)
Owner Occupied HU	14,179 (65.6%)
Renter Occupied HU	2,473 (11.4%)
Vacant Housing Units	4,952 (22.9%)
Median Home Value	$388,066
Average Home Value	$422,563