Seaview II Plan, Bay Knolls, Selbyville, DE, 19975 | $257/mo Cash Flow

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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 Selbyville at Seaview II Plan, Bay Knolls, Selbyville, DE, 19975 priced at $494,900 pairs $3,120/mo rent with $257/mo cash flow after a $2,422/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $3,081/yr on $164,059 invested. Return on cash invested is 21.79% in year one, and rental yield stands at 7.57% on a $494,900 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,732 by year five. Five-year ROI measures 112.37% and total cumulative return in cash reaches $184,359. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,422/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19975, Selbyville, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,207 (100%)
Owner Occupied HU	4,959 (53.9%)
Renter Occupied HU	748 ( 8.1%)
Vacant Housing Units	3,500 (38.0%)
Median Home Value	$508,771
Average Home Value	$553,016