1322 W 3rd St, Wilmington, DE, 19805 | $896/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

1322 W 3rd St, Wilmington, DE, 19805 | $896/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1000 sft

204 Michelle Ct, Newark, DE, 19711

4 Bed
1 Bath
1775 sft

2207 E Huntington Dr, Wilmington, DE, 19808

3 Bed
3 Bath
1264 sft

202 S Main St, North East, MD, 21901

3 Bed
2 Bath
1080 sft

9 Ridge Dr, New Castle, DE, 19720

Nearby investment properties with comparable prices

3 Bed
2 Bath
1152 sft

13 Jamestown Ct, North East, MD, 21901

3 Bed
1 Bath
1075 sft

1918 Seneca Rd, Wilmington, DE, 19805

3 Bed
1 Bath
1739 sft

380 Cherry Hill Rd, Elkton, MD, 21921

2 Bed
2 Bath
- sft

1203 Waters Edge Dr #144, Newark, DE, 19702

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 Wilmington at 1322 W 3rd St, Wilmington, DE, 19805 listed at $230,000 pairs $2,227/mo rent with a $1,126/mo payment to leave $896/mo cash flow. Total monthly income runs $2,227/mo, and annual cash flow reaches $10,751/yr on $76,245 cash to close. Return on cash invested measures 34.01% in year one, and rental yield registers 11.62% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 177.94% and total cumulative return in cash totals $135,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,227/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1889

871 sqft lot

$N/A/sqft

No HOA

More details about the property

Want a low monthly payment?? Seller will pay down interest by 2%!! Welcome home to this stylishly updated 3-bedroom, 1.5-bath town home located in Wilmington. Brand-new flooring, fresh paint, and recessed lighting that brightens every room. Upgraded kitchen boasts new stainless-steel appliances, contemporary cabinetry, and ample counter space. Upstairs, youll find three well-sized bedrooms filled with natural light, along with a beautifully refreshed full bath. Additional highlights include a convenient first-floor half bath, updated mechanics, and a private backyard. *** This property is eligible for a $10,000 PNC Grant with no income limits provided that the property is the buyers primary residence and they dont need to be first time home buyers.

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