The Grotto Plan, The Flats at Coastal Station, Rehoboth Beach, DE, 19971 | 5.07% Rental Yield

For Sale

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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

Investment property for sale in Rehoboth Beach at The Grotto Plan, The Flats at Coastal Station, Rehoboth Beach, DE, 19971 earns from $3,379/mo rent with a $3,916/mo payment. Total monthly income totals $3,379/mo. ROI tracks 14.36% on current figures, and rental yield reads 5.07% at a $800,000 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 72.51% and total cumulative return in cash sums $190,856. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,379/mo property income instead of your personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19971, Rehoboth Beach, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,117 (100%)
Owner Occupied HU	6,931 (38.3%)
Renter Occupied HU	1,380 ( 7.6%)
Vacant Housing Units	9,806 (54.1%)
Median Home Value	$664,792
Average Home Value	$784,663