122 McCann Rd, Newark, DE, 19711 | $1,618/mo Cash Flow

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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 Newark at 122 McCann Rd, Newark, DE, 19711 earns $1,618/mo cash flow from $3,052/mo rent with a $1,175/mo payment. Total monthly income totals $3,052/mo, and annual cash flow totals $19,416/yr on $79,560 capital. ROI tracks 44.31% on current figures, and rental yield reads 15.26% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 233.41% and total cumulative return in cash sums $185,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,052/mo property income instead of your personal income.

Single Family

Built in 1965

0.32 Acres lot

$N/A/sqft

No HOA

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