119 Felix Dr, Newark, DE, 19713 | $50/mo Cash Flow

For Sale

Listed for sale 5 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

Rental property for sale in Newark at 119 Felix Dr, Newark, DE, 19713 priced at $465,000 pairs $2,741/mo rent with $50/mo cash flow after a $2,276/mo payment. Total monthly income equals $2,741/mo, and annual cash flow comes to $605/yr on $154,148 invested. Return on cash invested is 20.3% in year one, and rental yield stands at 7.07% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 104.42% and total cumulative return in cash reaches $160,967. For financing, Ziffy Mortgage’s DSCR program evaluates $2,741/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2019

6,534 sqft lot

$N/A/sqft

No HOA