Hanover Slab Plan, Schooner Landing, Selbyville, DE, 19975 | $454/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

Investment property for sale in Selbyville at Hanover Slab Plan, Schooner Landing, Selbyville, DE, 19975 with 5% annual appreciation on a $384,990 basis while $2,681/mo rent supports operations. Total monthly income totals $2,681/mo and a $1,884/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,445/yr on $127,624 deployed, and return on cash invested reaches 24.18% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,366 alongside rental yield of 8.36%. Five-year ROI measures 125.19% and total cumulative return in cash totals $159,775.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,681/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19975, Selbyville, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,207 (100%)
Owner Occupied HU	4,959 (53.9%)
Renter Occupied HU	748 ( 8.1%)
Vacant Housing Units	3,500 (38.0%)
Median Home Value	$508,771
Average Home Value	$553,016