1000 Fountainview Cir #1212, Newark, DE, 19713 | $738/mo Cash Flow

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1000 Fountainview Cir #1212, Newark, DE, 19713 | $738/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 Newark at 1000 Fountainview Cir #1212, Newark, DE, 19713 listed at $189,900 pairs $1,836/mo rent with a $929/mo payment to leave $738/mo cash flow. Total monthly income runs $1,836/mo, and annual cash flow reaches $8,852/yr on $62,952 cash to close. Return on cash invested measures 33.97% in year one, and rental yield registers 11.6% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 177.74% and total cumulative return in cash totals $111,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,836/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Immaculate 2nd floor condo located in Newark Delaware. Stunning kitchen with granite countertops, updated cabinets, new stainless-steel appliances and ceramic tile backsplash. Living room that opens from kitchen features a new slider that overlooks the courtyard and pool. Both bathrooms recently updated. Main bedroom features a walk-in closet with new shelving. New heater. New Anderson windows in second bedroom. Living room and kitchen feature newer vinyl flooring. Neutral color throughout. Washer and dryer included. Newark Senior Center is within walking distance and secure entry via access code or key. Maintenance free and convenient to shopping and I95. Showings begin June 23.