105 Melodic Dr, Newark, DE, 19713 | $725/mo Cash Flow

For Sale

Currently Rented

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

Rental property for sale in Newark at 105 Melodic Dr, Newark, DE, 19713 offers $3,068/mo rent that, after a $1,982/mo payment, leaves $725/mo cash flow. Total monthly income is $3,068/mo, and annual cash flow is $8,700/yr on $134,224 cash. Return on cash invested measures 26.39% in year one, and rental yield stands at 9.09% at a $404,900 entry. Equity gained on principal adds $2,613/yr while 5% annual appreciation compounds into $111,866 by year five. Five-year ROI records 137.07% and total cumulative return in cash reaches $183,978. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,068/mo property income versus a $1,982/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1982

8,712 sqft lot

$N/A/sqft

No HOA