LOT Shortly #AGeorgetownDE19947
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Georgetown at LOT Shortly #A, Georgetown, DE, 19947 priced at $514,095 pairs $2,846/mo rent with after a $2,516/mo payment. Total monthly income equals $2,846/mo. Return on cash invested is 19.15% in year one, and rental yield stands at 6.64% on a $514,095 basis. Equity gained on principal adds $3,317/yr, and 5% annual appreciation accumulates to $142,035 by year five. Five-year ROI measures 98.21% and total cumulative return in cash reaches $166,109. For financing, Ziffy Mortgage’s DSCR program evaluates $2,846/mo property income against a $2,516/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19947, Georgetown, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,053 (100%) |
| Owner Occupied HU | 5,508 (68.4%) |
| Renter Occupied HU | 1,913 (23.8%) |
| Vacant Housing Units | 632 ( 7.8%) |
| Median Home Value | $417,674 |
| Average Home Value | $441,528 |
Housing Distribution
Address Breakdown
Residential
7,767
Single Family
7,411
Multi-Family
356
Businesses
818
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Nearby investment properties with comparable prices
Listed by: FRED DEAN • RE/MAX Associates
Mls Name: Bright MLS
Mls ID: #DESU2101960