








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New Castle at 1049 Matthew Way, New Castle, DE, 19720 listed at $849,900 pairs $7,212/mo rent with a $4,160/mo payment to leave $2,294/mo cash flow. Total monthly income runs $7,212/mo, and annual cash flow reaches $27,530/yr on $279,617 cash to close. Return on cash invested measures 29.91% in year one, and rental yield registers 10.18% at a $849,900 basis. Equity gained on principal adds $5,484/yr, and annual property appreciation at 5% supports $234,812 by year five. Five-year ROI tracks 155.89% and total cumulative return in cash totals $435,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,212/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19720, New Castle, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,484 (100%) |
| Owner Occupied HU | 16,788 (68.6%) |
| Renter Occupied HU | 6,754 (27.6%) |
| Vacant Housing Units | 942 ( 3.8%) |
| Median Home Value | $299,178 |
| Average Home Value | $336,568 |
Residential
22,945
Single Family
20,868
Multi-Family
2,077
Businesses
1,721
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Maria Ruckle • Empower Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #DENC2093788