1317 Chestnut StWilmingtonDE19805
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 1317 Chestnut St, Wilmington, DE, 19805 listed at $100,000 pairs $760/mo rent with a $489/mo payment to leave $182/mo cash flow. Total monthly income runs $760/mo, and annual cash flow reaches $2,182/yr on $33,150 cash to close. Return on cash invested measures 26.49% in year one, and rental yield registers 9.12% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 137.64% and total cumulative return in cash totals $45,628. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $760/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1918
871 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,084
Single Family
15,078
Multi-Family
1,006
Businesses
1,054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Priscilla Aidoo Yeboah • Tesla Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #DENC2091100