Lambrusco Plan, Mendocino East and West at VineyardsLewesDE19958
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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
Investment Highlights
Investment property for sale in Lewes at Lambrusco Plan, Mendocino East and West at Vineyards, Lewes, DE, 19958 listed at $339,020 pairs $2,804/mo rent with a $1,659/mo payment to leave $843/mo cash flow. Total monthly income runs $2,804/mo, and annual cash flow reaches $10,113/yr on $112,385 cash to close. Return on cash invested measures 28.91% in year one, and rental yield registers 9.93% at a $339,020 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,665 by year five. Five-year ROI tracks 150.57% and total cumulative return in cash totals $169,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,804/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19958, Lewes, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,534 (100%) |
| Owner Occupied HU | 14,199 (60.3%) |
| Renter Occupied HU | 2,726 (11.6%) |
| Vacant Housing Units | 6,609 (28.1%) |
| Median Home Value | $533,378 |
| Average Home Value | $591,039 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
20,000
Multi-Family
456
Businesses
993
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