117 W Galloway Ct, Newark, DE, 19711 | $894/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

117 W Galloway Ct, Newark, DE, 19711 | $894/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1938 sft

48 Knollwood Rd, Elkton, MD, 21921

2 Bed
2 Bath
2581 sft

517 Silver Charm Ct, Havre De Grace, MD, 21078

3 Bed
2 Bath
2000 sft

208 Pointe Way #B, Havre De Grace, MD, 21078

3 Bed
2 Bath
2129 sft

928 Irishtown Rd, North East, MD, 21901

Nearby investment properties with comparable prices

3 Bed
3 Bath
3671 sft

10 Guilford Ct, North East, MD, 21901

3 Bed
2 Bath
1075 sft

119 Caroline St, Charlestown, MD, 21914

5 Bed
3 Bath
2913 sft

58 Ridge Run Rd, North East, MD, 21901

3 Bed
2 Bath
1676 sft

231 Roundhouse Dr UNIT 3E, Perryville, MD, 21903

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Newark at 117 W Galloway Ct, Newark, DE, 19711 priced at $359,900 converts $2,977/mo rent into $894/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,977/mo, and annual cash flow totals $10,729/yr on $119,307 invested. Return on cash invested prints 28.9% in year one, and rental yield reads 9.93% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 150.57% and total cumulative return in cash sums $179,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,977/mo property income covering a $1,762/mo payment, not borrower’s personal income.

Townhouse

Built in 1991

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Coming soon! This 3 bed 3.5 bath end unit townhouse is updated and ready to go! The kitchen is complete with stainless steel appliances, and granite countertops that look into your dining and living room areas. Expansive newly stained deck with tons of privacy. There are also 2 sheds on the property. Fully finished basement that has a separate room that could be used several different ways. There is also a full bathroom and added storage in the unfinished area. Super private end unit with 2 assigned parking spaces right outside your front door! There is also an EV charger port available.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,208 (100%)
Owner Occupied HU	13,334 (60.0%)
Renter Occupied HU	6,641 (29.9%)
Vacant Housing Units	2,233 (10.1%)
Median Home Value	$405,647
Average Home Value	$449,152