The Chesapeake Plan, Peninsula LakesMillsboroDE19966
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Nearby investment properties with comparable prices
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 Millsboro at The Chesapeake Plan, Peninsula Lakes, Millsboro, DE, 19966 with 5% annual appreciation on a $659,900 basis while $4,956/mo rent supports operations. Total monthly income totals $4,956/mo and a $3,230/mo payment preserves $916/mo for cash returns. Annual cash flow comes to $10,987/yr on $217,107 deployed, and return on cash invested reaches 25.12% in year one. Equity gained on principal adds $4,258/yr, and five-year appreciation sums $182,318 alongside rental yield of 9.01%. Five-year ROI measures 130.67% and total cumulative return in cash totals $283,694.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,956/mo property income versus a $3,230/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$222 monthly 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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