103 David Rd, Wilmington, DE, 19804 | $672/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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103 David Rd, Wilmington, DE, 19804 | $672/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 103 David Rd, Wilmington, DE, 19804 with 5% annual appreciation on a $409,900 basis while $3,043/mo rent supports operations. Total monthly income totals $3,043/mo and a $2,006/mo payment preserves $672/mo for cash returns. Annual cash flow comes to $8,058/yr on $135,882 deployed, and return on cash invested reaches 25.84% in year one. Equity gained on principal adds $2,645/yr, and five-year appreciation sums $113,248 alongside rental yield of 8.91%. Five-year ROI measures 134.13% and total cumulative return in cash totals $182,260.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,043/mo property income versus a $2,006/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1956

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious split! Plenty of living space with a nice size yard. This 4 bedroom 2 full bath shows pride of ownership. Enter into the living room with beautiful wood floors. The main floor features an open floor plan where the living room leads to the eating area and kitchen. Sliders lead to a nice screened porch offering plenty of room for entertaining. Walk out of the screened porch to a deck that over looks a fenced yard with storage shed. A patio is perfectly placed at the lower level and sliders lead to into the lower level. The upper level features 4 bedrooms and a full bath. The largest of the bedrooms is located a few steps up to the third level providing privacy from the other three bedrooms. The lower level includes a 2nd full bath and a large family room. A partial basement includes the laundry area and a nice amount of storage area. Another great feature is the oversized driveway. The beautiful community of Bestfield is conveniently located close to Rt 141, I95 and RT 1. Located Near Conrad School and DMA.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19804, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,826 (100%)
Owner Occupied HU	5,844 (74.7%)
Renter Occupied HU	1,627 (20.8%)
Vacant Housing Units	355 ( 4.5%)
Median Home Value	$281,986
Average Home Value	$345,482