13 Deer Run Dr, Newark, DE, 19702 | $775/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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13 Deer Run Dr, Newark, DE, 19702 | $775/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

Rental property for sale in Newark at 13 Deer Run Dr, Newark, DE, 19702 priced at $349,999 pairs $2,800/mo rent with $775/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,800/mo, and annual cash flow comes to $9,299/yr on $116,025 invested. Return on cash invested is 27.92% in year one, and rental yield stands at 9.6% on a $349,999 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,698 by year five. Five-year ROI measures 145.27% and total cumulative return in cash reaches $168,554. For financing, Ziffy Mortgage’s DSCR program evaluates $2,800/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1984

10,019 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Christiana Farms! Rarely available, this 4-bedroom, 2-bath ranch offers comfortable one-level living in a highly desirable location. The neutral paint colors with well-kept flooring in the kitchen, dining area, hallway, and living room, this home is move-in ready. The kitchen features updated cabinets, a flat-top stove, double sink, and stainless-steel refrigerator. All four bedrooms are generously sized and include ceiling fans, with the primary suite featuring a large walk-in closet. Step outside to enjoy a flat, fully fenced backyard with a storage shedperfect for relaxing or entertaining. While the home is in good condition, the seller prefers to sell in as-is condition. Whether you're a first-time buyer or looking to downsize, this home offers comfort, functionality, and a prime location. Don't miss your chance to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19702, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,212 (100%)
Owner Occupied HU	14,557 (65.5%)
Renter Occupied HU	6,887 (31.0%)
Vacant Housing Units	768 ( 3.5%)
Median Home Value	$366,125
Average Home Value	$375,328