








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Newark at 138 Felix Dr, Newark, DE, 19713 offers $3,344/mo rent that, after a $2,349/mo payment, leaves $437/mo cash flow. Total monthly income is $3,344/mo, and annual cash flow is $5,244/yr on $159,120 cash. Return on cash invested measures 23.2% in year one, and rental yield stands at 8.36% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 120.33% and total cumulative return in cash reaches $191,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,344/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
2,178 sqft lot
$N/A/sqft
$72 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Listed for sale | $480,000 |
| 2023-02-12 | Listing removed | N/A |
| 2023-02-01 | Listed for rent | $2,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $3432.14 | 2.69% | $78,100 | N/A |
| 2023-10-17 | $3342.36 | 0.70% | $78,100 | N/A |
| 2022-10-17 | $3319.11 | 2.18% | $78,100 | N/A |



Listed by: Megan Aitken • Keller Williams Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2087502
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