1 Lamatan Rd, Newark, DE, 19711 | $46/mo Cash Flow

For Sale

Fix & Flip

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

Rental property for sale in Newark at 1 Lamatan Rd, Newark, DE, 19711 generates $3,806/mo in rent and, after a $3,181/mo payment, leaves $46/mo in cash flow. Total monthly income is $3,806/mo, and annual cash flow is $546/yr on $213,817 invested. Return on cash invested sits at 20.32% in year one, and rental yield is 7.03% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 104.46% and total cumulative return in cash sums $223,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,806/mo property income rather than buyer’s personal income.

Single Family

Built in 1973

0.78 Acres lot

$N/A/sqft

No 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