1222 McCoy Way, Wilmington, DE, 19805 | $230/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1222 McCoy Way, Wilmington, DE, 19805 | $230/mo Cash Flow | Ziffy

For Sale

Motivated Seller

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 1222 McCoy Way, Wilmington, DE, 19805 offers a 8.05% rental yield on a $249,999 purchase with $1,677/mo rent. Total monthly income registers $1,677/mo, and a $1,224/mo payment leaves $230/mo available for distribution. Annual cash flow reaches $2,761/yr on $82,875 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 120.22% and total cumulative return in cash at $99,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,677/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2008

871 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1222 McCoy Way, a move-in ready home built in 2008 that offers modern comfort and low-maintenance living. This property features 3 bedrooms and 2.5 bathrooms, including a spacious master suite with its own full private bathroom. The layout is open and inviting, highlighted by an opened living and dining room that provides a smooth flow for everyday living and entertaining. The home has been refreshed with new carpet and paint throughout, giving it a clean and updated feel from the moment you walk in. There is also a finished basement area that's perfect for extra storage or a small bonus space depending on your needs. Additional features include an attached garage and a convenient laundry closet. With solid construction and the advantages of a newer build, this home requires far less upkeep than older Wilmington properties. Located in a great pocket of the city, this home is priced to move quickly and offers exceptional value whether you're a first-time buyer, upgrading, or investing. Don't miss your chance to make this property yours.

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