Seaview II Plan, Bay KnollsSelbyvilleDE19975
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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 Selbyville at Seaview II Plan, Bay Knolls, Selbyville, DE, 19975 uses $165,717 cash to close to unlock $2,727/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $2,447/mo payment keeps the spread at $227/mo. Purchase price stands at $499,900, and rental yield measures 7.49% with $3,120/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 111.15% and total cumulative return in cash records $184,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Multi Family
Built in 2025
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 |
Housing Distribution
Address Breakdown
Residential
7,482
Single Family
6,335
Multi-Family
1,147
Businesses
392
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Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A