108 Lena Dr, Newark, DE, 19711 | $315/mo Cash Flow

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 Newark at 108 Lena Dr, Newark, DE, 19711 with 5% annual appreciation on a $544,900 basis while $3,468/mo rent supports operations. Total monthly income totals $3,468/mo and a $2,667/mo payment preserves $315/mo for cash returns. Annual cash flow comes to $3,782/yr on $179,272 deployed, and return on cash invested reaches 22.17% in year one. Equity gained on principal adds $3,516/yr, and five-year appreciation sums $150,546 alongside rental yield of 7.64%. Five-year ROI measures 114.42% and total cumulative return in cash totals $205,121.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,468/mo property income versus a $2,667/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1989

0.25 Acres 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