112 Bunche BlvdWilmingtonDE19801
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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
Rental property for sale in Wilmington at 112 Bunche Blvd, Wilmington, DE, 19801 priced at $400,000 converts $2,507/mo rent into $192/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,507/mo, and annual cash flow totals $2,308/yr on $132,600 invested. Return on cash invested prints 21.65% in year one, and rental yield reads 7.52% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 111.68% and total cumulative return in cash sums $148,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,507/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19801, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,137 (21.8%) |
| Renter Occupied HU | 6,162 (62.8%) |
| Vacant Housing Units | 1,517 (15.5%) |
| Median Home Value | $203,736 |
| Average Home Value | $246,222 |
Housing Distribution
Address Breakdown
Residential
8,168
Single Family
4,760
Multi-Family
3,408
Businesses
1,281
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Listed by: Samantha Powell • Keller Williams Real Estate - Media
Mls Name: Bright MLS
Mls ID: #DENC2093978