107 Clinton StDelaware CityDE19706
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Delaware City at 107 Clinton St, Delaware City, DE, 19706 offers $2,909/mo rent that, after a $1,542/mo payment, leaves $1,086/mo cash flow. Total monthly income is $2,909/mo, and annual cash flow is $13,034/yr on $104,423 cash. Return on cash invested measures 32.39% in year one, and rental yield stands at 11.08% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 169.28% and total cumulative return in cash reaches $176,765. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,909/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1890
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19706, Delaware City, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 629 (78.0%) |
| Renter Occupied HU | 130 (16.1%) |
| Vacant Housing Units | 47 ( 5.8%) |
| Median Home Value | $334,459 |
| Average Home Value | $337,631 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
77
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Listed by: Ronna Abdo • Keller Williams Main Line
Mls Name: Bright MLS
Mls ID: #DENC2090878