Monterey Plan, Lightship Cove, Milton, DE, 19968 | $395/mo Cash Flow

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 Milton at Monterey Plan, Lightship Cove, Milton, DE, 19968 priced at $530,400 converts $3,464/mo rent into $395/mo cash flow after a $2,596/mo obligation. Total monthly income equals $3,464/mo, and annual cash flow totals $4,741/yr on $174,502 invested. Return on cash invested prints 22.78% in year one, and rental yield reads 7.84% against a $530,400 entry. Equity gained on principal adds $3,423/yr, while 5% annual appreciation compiles into $146,540 by year five. Five-year ROI reaches 117.68% and total cumulative return in cash sums $205,356. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,464/mo property income covering a $2,596/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: 19968, Milton, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,420 (100%)
Owner Occupied HU	5,893 (70.0%)
Renter Occupied HU	1,008 (12.0%)
Vacant Housing Units	1,519 (18.0%)
Median Home Value	$471,069
Average Home Value	$518,905