132 E 3rd St, New Castle, DE, 19720 | $67/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

132 E 3rd St, New Castle, DE, 19720 | $67/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1225 sft

141 Wye Oak Dr, Townsend, DE, 19734

3 Bed
2 Bath
1500 sft

354 Chestnut Ln, Townsend, DE, 19734

3 Bed
2 Bath
1300 sft

65 Auckland Dr, Newark, DE, 19702

3 Bed
2 Bath
1600 sft

58 Arbutus St, Elkton, MD, 21921

Nearby investment properties with comparable prices

2 Bed
2 Bath
1625 sft

508 Twining Ln, Middletown, DE, 19709

3 Bed
2 Bath
1425 sft

155 Coopers Dr, Newark, DE, 19702

3 Bed
3 Bath
2491 sft

106 Newark Ave, Elkton, MD, 21921

3 Bed
2 Bath
4478 sft

195 Red Hill Rd, Elkton, MD, 21921

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Castle at 132 E 3rd St, New Castle, DE, 19720 earns $67/mo cash flow from $2,381/mo rent with a $1,957/mo payment. Total monthly income totals $2,381/mo, and annual cash flow totals $809/yr on $132,567 capital. ROI tracks 20.52% on current figures, and rental yield reads 7.14% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 105.6% and total cumulative return in cash sums $139,988. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,381/mo property income instead of your personal income.

Townhouse

Built in 1822

2,614 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3-story Colonial townhome nestled in the heart of the New Castle Historic District in New Castle, DE. This all-brick home boasts 3 bedrooms, 2.1 bathrooms, and a flexible floorplan that can accommodate either 2 bedrooms and a den or a full 3 bedroom layout. Step inside to discover exceptional hardwood floors throughout the home, creating a warm and inviting atmosphere. The main level features a cozy living room with a wood-burning fireplace, perfect for relaxing evenings. There is a spacious dining room for hosting dinners and parties. The spacious kitchen features a gas Jenn Air range and provides ample cabinet space for storage and leads to a large screened porch overlooking the landscaped rear yard, ideal for enjoying your morning coffee or hosting outdoor gatherings. There is also a full bath on the mail level. Upstairs, you'll find the primary bedroom with a convenient half bath, along with another full bathroom for added convenience. The second bedroom or den also includes a fireplace, adding character and charm to the space. The third bedroom is all by itself on the 3rd level. The unfinished basement offers storage potential and features an outside entrance for easy access. Best of all is the 2-car off-street parking pad. You never have to worry about finding a parking spot! The property also includes a shed and an extra deep yard with a brick patio for added privacy. Situated in a desirable location, this townhome allows for a short walk to the Delaware River, Battery Park, restaurants, shopping, and the library. With central A/C and forced air heating, this home ensures year-round comfort. Don't miss the opportunity to make this historic gem your own!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19720, New Castle, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,484 (100%)
Owner Occupied HU	16,788 (68.6%)
Renter Occupied HU	6,754 (27.6%)
Vacant Housing Units	942 ( 3.8%)
Median Home Value	$299,178
Average Home Value	$336,568