10 Alcott Dr, Wilmington, DE, 19808 | $597/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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10 Alcott Dr, Wilmington, DE, 19808 | $597/mo Cash Flow | Ziffy

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 Wilmington at 10 Alcott Dr, Wilmington, DE, 19808 earns $597/mo cash flow from $3,142/mo rent with a $2,153/mo payment. Total monthly income totals $3,142/mo, and annual cash flow totals $7,161/yr on $145,827 capital. ROI tracks 24.82% on current figures, and rental yield reads 8.57% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 128.65% and total cumulative return in cash sums $187,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,142/mo property income instead of your personal income.

Single Family

Built in 1964

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this classic 4-bedroom, 1.5-bath Holiday Split in the heart of popular Heritage Parka community loved for its charm and convenience. From the moment you arrive, youll notice the beautiful and clean curb appeal, an inviting front porch and spacious driveway that set the stage for this move-in ready home. Inside, youll find a thoughtful blend of timeless character and modern updates. The home has been expanded with a stunning family room, featuring a large bay window that fills the space with natural lightperfect for entertaining or relaxing. Gleaming hardwood floors run through much of the home, and the open kitchen design is a true highlight with 42-inch oak cabinetry, granite countertops, a travertine tile backsplash, and a custom oak inlay hardwood floor accent. The breakfast bar flows seamlessly into the dining room, making gatherings effortless. Upstairs, the primary bedroom offers two closets, including a walk-in, while the updated hall bath with modern vanity and new flooring serves three comfortable bedrooms. The secondary bedroom even includes a walk-in cedar closet. On the lower level, a flexible 4th bedroom doubles as the ideal home office, positioned right next to the updated half bath. The partially finished basement provides a large open space, laundry/utility area, and plenty of extra storage. Outside, enjoy your private backyard oasis with a spacious 14x17 concrete patio, new hardscaping retaining wall (2024), and two storage shedsall surrounded by mature landscaping. Additional updates include a brand new AC (2025), conversion from an oil burner to a newer natural gas hydronic radiant boiler w/ three zones (2022), a concrete driveway that is in excellent shape, LED recessed lights, newer carpets and updated flooring at entryways (2023). Tucked on a quiet street and just around the corner from the community park, this home combines comfort, function, and location. With easy access to Kirkwood Highway and local amenities, its the perfect opportunity to settle into a wonderful neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19808, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,494 (100%)
Owner Occupied HU	13,153 (79.7%)
Renter Occupied HU	2,708 (16.4%)
Vacant Housing Units	633 ( 3.8%)
Median Home Value	$373,988
Average Home Value	$392,522