1 Ethan Allen CtNewarkDE19711
Nearby investment properties with comparable rents
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 Newark at 1 Ethan Allen Ct, Newark, DE, 19711 with 5% annual appreciation on a $195,700 basis while $2,330/mo rent supports operations. Total monthly income totals $2,330/mo and a $958/mo payment preserves $997/mo for cash returns. Annual cash flow comes to $11,969/yr on $64,875 deployed, and return on cash invested reaches 38.36% in year one. Equity gained on principal adds $1,263/yr, and five-year appreciation sums $54,068 alongside rental yield of 14.29%. Five-year ROI measures 202.64% and total cumulative return in cash totals $131,462.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,330/mo property income versus a $958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1971
2,178 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19711, Newark, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,208 (100%) |
| Owner Occupied HU | 13,334 (60.0%) |
| Renter Occupied HU | 6,641 (29.9%) |
| Vacant Housing Units | 2,233 (10.1%) |
| Median Home Value | $405,647 |
| Average Home Value | $449,152 |
Housing Distribution
Address Breakdown
Residential
21,228
Single Family
18,177
Multi-Family
3,051
Businesses
1,045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices