Spruce Plan, Patriots Glen, Long Neck, DE, 19966 | $761/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

Investment property for sale in Long Neck at Spruce Plan, Patriots Glen, Long Neck, DE, 19966 at $354,990 posts ROI 27.67% with $761/mo cash flow from $2,815/mo rent. Total monthly income equals $2,815/mo, and annual cash flow records $9,138/yr on $117,679 to close. Return on cash invested measures 27.67% and rental yield reads 9.52% at the current $354,990. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,077 by year five. Five-year ROI prints 143.96% and total cumulative return in cash totals $169,412.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,815/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

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