Reston Plan, Baylis EstatesMillsboroDE19966
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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
Rental property for sale in Millsboro at Reston Plan, Baylis Estates, Millsboro, DE, 19966 priced at $631,900 converts $2,815/mo rent into after a $3,093/mo obligation. Total monthly income equals $2,815/mo. Return on cash invested prints 15.2% in year one, and rental yield reads 5.35% against a $631,900 entry. Equity gained on principal adds $4,078/yr, while 5% annual appreciation compiles into $174,582 by year five. Five-year ROI reaches 77.04% and total cumulative return in cash sums $160,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,815/mo property income covering a $3,093/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: 19966, Millsboro, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,604 (100%) |
| Owner Occupied HU | 14,179 (65.6%) |
| Renter Occupied HU | 2,473 (11.4%) |
| Vacant Housing Units | 4,952 (22.9%) |
| Median Home Value | $388,066 |
| Average Home Value | $422,563 |
Housing Distribution
Address Breakdown
Residential
19,198
Single Family
17,358
Multi-Family
1,840
Businesses
713
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