116 Bunting Dr, Wilmington, DE, 19808 | 6.51% Rental Yield

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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

Rental property for sale in Wilmington at 116 Bunting Dr, Wilmington, DE, 19808 generates $3,360/mo in rent, after a $3,030/mo payment. Total monthly income is $3,360/mo. Return on cash invested sits at 18.75% in year one, and rental yield is 6.51% on a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation builds toward $171,018 over five years. Five-year ROI reaches 96.09% and total cumulative return in cash sums $195,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.

Single Family

Built in 1985

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE IS CANCELLED! Rare opportunity!! Original owner home on one of the most beautiful lots in Limestone Hills! This wonderful home is the only one that has the front porch facade on the fabulous horseshoe street of Bunting. The backyard and specimen trees and plantings are breathtaking... like your own Longwood Gardens! Level backyard with a beautiful expansive deck with a trellis and mature wisteria is a peaceful retreat. The granite kitchen with island is fabulous for large dinners. The breakfast room has a gorgeous bay window for beautiful backyard views. There are plantation shutters and the 2nd floor and dining room have upgraded Brazilian cherry floors. The foyer, kitchen, breakfast room and back hallway have random width site finished solid oak floors. The primary suite bathroom was updated and features a large walk-in closet with organizer, a pocket door, double bowl corian vanity, extra custom cabinetry and luxurious all tile spa shower. This wonderful home's layout is circular and perfect for entertaining or large family gatherings. The family room was built with an additional set of windows to maximize the views and has a vaulted ceiling with skylights and a brick fireplace. Don't hesitate - see this beautiful home today!

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