Providence Plan, SweetbayFrankfordDE19945
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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 Frankford at Providence Plan, Sweetbay, Frankford, DE, 19945 offers a 6.5% rental yield on a $644,990 purchase with $3,492/mo rent. 7% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,199 over five years. Portfolio math shows five-year ROI at 95.8% and total cumulative return in cash at $203,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,492/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19945, Frankford, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,248 (100%) |
| Owner Occupied HU | 3,537 (56.6%) |
| Renter Occupied HU | 537 ( 8.6%) |
| Vacant Housing Units | 2,174 (34.8%) |
| Median Home Value | $469,115 |
| Average Home Value | $534,590 |
Housing Distribution
Address Breakdown
Residential
4,994
Single Family
4,449
Multi-Family
545
Businesses
146
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