1302 Stanford RdWilmingtonDE19803
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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
Investment Highlights
Investment property for sale in Wilmington at 1302 Stanford Rd, Wilmington, DE, 19803 listed at $549,900 pairs $3,524/mo rent with a $2,691/mo payment to leave $343/mo cash flow. Total monthly income runs $3,524/mo, and annual cash flow reaches $4,112/yr on $180,917 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 7.69% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 115.27% and total cumulative return in cash totals $208,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,524/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19803, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,191 (100%) |
| Owner Occupied HU | 8,044 (87.5%) |
| Renter Occupied HU | 906 ( 9.9%) |
| Vacant Housing Units | 241 ( 2.6%) |
| Median Home Value | $469,463 |
| Average Home Value | $506,244 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,244
Multi-Family
644
Businesses
985
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Listed by: Thomas Huston • Real Broker LLC
Mls Name: Bright MLS
Mls ID: #DENC2094678