1212 W 3rd St, Wilmington, DE, 19805 | $876/mo Cash Flow

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Price: $300K - 500K

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1212 W 3rd St, Wilmington, DE, 19805 | $876/mo Cash Flow | Ziffy

For Sale

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 1212 W 3rd St, Wilmington, DE, 19805 uses $76,245 cash to close to unlock $10,511/yr annual cash flow and $876/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,126/mo payment keeps the spread at $876/mo. Purchase price stands at $230,000, and rental yield measures 11.51% with $2,207/mo rent. Return on cash invested shows 33.69% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 176.24% and total cumulative return in cash records $134,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,126/mo payment rather than investor’s personal income.

Townhouse

Built in 1900

1,307 sqft lot

$N/A/sqft

No HOA

More details about the property

Investor Alert! This row home in the heart of Wilmington is a fantastic opportunityjust minutes from downtown and the Riverfront. The property features two full kitchensone on the first floor and another on the secondallowing it to function as two separate rental units. Each level includes 2 bedrooms and 1 full bathroom, making it ideal for tenants or multi-generational living. Whether you're looking to live in one unit and rent the other, or lease both for passive income, this property offers great flexibility. Don't miss out on this versatile investment opportunity!

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