1150 Spyglass Hill Way, Wilmington, DE, 19808 | 4.22% Rental Yield

For Sale

Listed for sale 6 days ago

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 Wilmington at 1150 Spyglass Hill Way, Wilmington, DE, 19808 offers a 4.22% rental yield on a $955,980 purchase with $3,360/mo rent. 78% in year one. Equity gained on principal adds $6,169/yr while 5% annual appreciation supports $264,120 over five years. Portfolio math shows five-year ROI at 58.66% and total cumulative return in cash at $184,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $4,679/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the Cumberland at Delaware National - where modern design meets effortless comfort in this stunning 5-bedroom, 3.5-bathroom ranch-style home. With 3,388 square feet of thoughtfully planned living space, this home is perfect for those seeking convenience, elegance, and versatility. Set for delivery in June 2026, this home offers privacy and scenic views, backing to open space with no rear neighbors. The exterior boasts HardiePlank siding, bronze windows, and timeless architectural details that enhance curb appeal. Fences are permitted, and the 2-car garage adds functionality for everyday living. Step inside to discover a gourmet kitchen designed for culinary creativity, featuring Painted Linen cabinetry, quartz countertops, a double wall oven, hooded vent, tile backsplash, and included appliances. The expansive kitchen island serves as the centerpiece for casual dining and entertaining. The luxurious owner's suite is a true retreat, complete with a tray ceiling and spa-inspired bath featuring a frameless shower door, tile surround, dual vanities, and elegant quartz counters. Additional highlights include a finished basement with a bedroom and full bath, first-floor living for ultimate convenience, luxury vinyl plank flooring throughout, dedicated spaces for work or play, and an open-concept design that fills the home with natural light. This home blends privacy with accessibility and offers a rare opportunity to own a refined, spacious home in a sought-a

Neighborhood Data

Neighborhood data shown for ZIP Code: 19808, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,494 (100%)
Owner Occupied HU	13,153 (79.7%)
Renter Occupied HU	2,708 (16.4%)
Vacant Housing Units	633 ( 3.8%)
Median Home Value	$373,988
Average Home Value	$392,522