HERRING Plan, Sandpiper Cove, Selbyville, DE, 19975 | 5.69% Rental Yield

For Sale

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 Selbyville at HERRING Plan, Sandpiper Cove, Selbyville, DE, 19975 priced at $556,990 converts $2,640/mo rent into after a $2,726/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 16.24% in year one, and rental yield reads 5.69% against a $556,990 entry. Equity gained on principal adds $3,594/yr, while 5% annual appreciation compiles into $153,886 by year five. Five-year ROI reaches 82.63% and total cumulative return in cash sums $151,424. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $2,726/mo payment, not borrower’s personal income.

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