106 Caladium LnNewarkDE19711
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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
Investment property for sale in Newark at 106 Caladium Ln, Newark, DE, 19711 uses $129,252 cash to close to unlock $4,672/yr annual cash flow and $389/mo monthly cash flow. Total monthly income runs $2,645/mo, and a $1,908/mo payment keeps the spread at $389/mo. Purchase price stands at $389,900, and rental yield measures 8.14% with $2,645/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 121.72% and total cumulative return in cash records $157,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,645/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
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
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