1405 Brook Ln, Wilmington, DE, 19805 | $996/mo Cash Flow

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1405 Brook Ln, Wilmington, DE, 19805 | $996/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wilmington at 1405 Brook Ln, Wilmington, DE, 19805 offers a 11.73% rental yield on a $249,900 purchase with $2,442/mo rent. Total monthly income registers $2,442/mo, and a $1,223/mo payment leaves $996/mo available for distribution. Annual cash flow reaches $11,954/yr on $82,842 to close, and return on cash invested stands at 34.34% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 179.72% and total cumulative return in cash at $148,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,442/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious and versatile ranch-style home, perfectly located in the sought-after Willow Run neighborhood. This one-level property offers 3 generously-sized bedrooms and 2 full bathrooms, making it an excellent option for first-time buyers, downsizers, or investors. Step inside to a large living room featuring a cozy fireplaceideal for relaxing or entertaining. The eat-in kitchen provides ample space for casual dining, while the flexible bonus room at the rear of the home can easily serve as a formal dining area, family room, or home office. Durable ceramic tile flooring flows through most of the home, offering both style and low-maintenance convenience. Abundant natural light pours in through updated replacement windows found throughout the house. Situated on a sizable lot, the home includes a detached garage, off-street parking for at least two vehicles, a welcoming front yard, and a fenced backyardperfect for pets, play, or outdoor gatherings. While this home is being sold as-is and could use a bit of TLC, its full of potential and ready for your personal touch. Dont miss this great opportunity to own a solid, single-level home in a convenient and well-established community!

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