1101 Webster DrWilmingtonDE19803
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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 Wilmington at 1101 Webster Dr, Wilmington, DE, 19803 uses $167,790 cash to close to unlock $10,599/yr annual cash flow and $883/mo monthly cash flow. Total monthly income runs $3,834/mo, and a $2,496/mo payment keeps the spread at $883/mo. Purchase price stands at $510,000, and rental yield measures 9.02% with $3,834/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 136.98% and total cumulative return in cash records $229,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,834/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19803, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,191 (100%) |
| Owner Occupied HU | 8,044 (87.5%) |
| Renter Occupied HU | 906 ( 9.9%) |
| Vacant Housing Units | 241 ( 2.6%) |
| Median Home Value | $469,463 |
| Average Home Value | $506,244 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,244
Multi-Family
644
Businesses
985
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Listed by: Cindy Allen • BHHS Fox & Roach-Concord
Mls Name: Bright MLS
Mls ID: #DENC2096158