114 Vilone RdWilmingtonDE19805
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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 114 Vilone Rd, Wilmington, DE, 19805 priced at $319,000 pairs $2,038/mo rent with $193/mo cash flow after a $1,561/mo payment. Total monthly income equals $2,038/mo, and annual cash flow comes to $2,311/yr on $105,749 invested. Return on cash invested is 22.09% in year one, and rental yield stands at 7.67% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. Five-year ROI measures 114.05% and total cumulative return in cash reaches $120,601. For financing, Ziffy Mortgage’s DSCR program evaluates $2,038/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19805, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,889 (100%) |
| Owner Occupied HU | 9,310 (52.0%) |
| Renter Occupied HU | 7,066 (39.5%) |
| Vacant Housing Units | 1,513 ( 8.5%) |
| Median Home Value | $254,768 |
| Average Home Value | $303,040 |
Housing Distribution
Address Breakdown
Residential
16,084
Single Family
15,078
Multi-Family
1,006
Businesses
1,054
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Listed by: Millie Guzman • BHHS Fox & Roach-Greenville
Mls Name: Bright MLS
Mls ID: #DENC2093590