10 Ironwood DrNewarkDE19711








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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


Investment Highlights
Rental property for sale in Newark at 10 Ironwood Dr, Newark, DE, 19711 priced at $449,900 pairs $3,899/mo rent with $905/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,899/mo, and annual cash flow comes to $10,861/yr on $149,142 invested. Return on cash invested is 27.19% in year one, and rental yield stands at 10.4% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 142.53% and total cumulative return in cash reaches $212,566. For financing, Ziffy Mortgage’s DSCR program evaluates $3,899/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.47 Acres lot
$N/A/sqft
$275 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2020-06-20 | Listing removed | N/A |
| 2020-05-27 | Listed for sale | N/A |
| 2019-09-12 | Listing removed | $279,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $6979.09 | 2.82% | $163,900 | N/A |
| 2023-01-28 | $6787.91 | 0.23% | $163,900 | N/A |
| 2022-01-28 | $6772.08 | 2.16% | $163,900 | N/A |
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Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1979
- Architectural Style: Contemporary
- Building Area: N/A
- Living Area: 3,725 sqft
- Property Condition: Below Average
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central A/C, Electric
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate Plank, Wood Floors
- Interior Features: Breakfast Area, Floor Plan - Traditional, Formal/Separate Dining Room, Eat-in Kitchen, Kitchen - Table Space, Dry Wall
- Exterior Features: Lighting, Sidewalks
- Parking Features: Built In, Garage Faces Side, Inside Entrance, Asphalt Driveway, Attached Garage, Driveway, On Street
HOA & Fees
- HOA Fee: $275 annually
- Association Fee: $275 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Underground Utilities
- Sewer: On Site Septic
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Joseph Hurley • Pantano Real Estate Inc
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2072354
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc. [Click here for more information](/info/mls-disclaimers/#mls_5632)








