1303 Marsh RdWilmingtonDE19803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1303 Marsh Rd, Wilmington, DE, 19803 offers a 7.25% rental yield on a $485,000 purchase with $2,929/mo rent. Total monthly income registers $2,929/mo, and a $2,374/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,435/yr on $160,778 to close, and return on cash invested stands at 20.8% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 107.11% and total cumulative return in cash at $172,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,929/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
$3 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A