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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newark at 14 Three Rivers Ct, Newark, DE, 19702 uses $149,142 cash to close to unlock $1,882/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $2,202/mo payment keeps the spread at $157/mo. Purchase price stands at $449,900, and rental yield measures 7.36% with $2,760/mo rent. Return on cash invested shows 21.17% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 109.08% and total cumulative return in cash records $162,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1990
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19702, Newark, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,212 (100%) |
| Owner Occupied HU | 14,557 (65.5%) |
| Renter Occupied HU | 6,887 (31.0%) |
| Vacant Housing Units | 768 ( 3.5%) |
| Median Home Value | $366,125 |
| Average Home Value | $375,328 |
Residential
21,602
Single Family
19,437
Multi-Family
2,165
Businesses
1,132
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matt Johnson • Realty Mark Associates
Mls Name: Bright MLS
Mls ID: #DENC2088070
