1410 Delaware Ave #1412WilmingtonDE19806
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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
Investment Highlights
Investment property for sale in Wilmington at 1410 Delaware Ave #1412, Wilmington, DE, 19806 projects strong ROI of 2.21%. Rental yield 1.06%. With 5% annual appreciation, the property builds $600,912 in value over five years. Equity growth combined delivers a projected five-year ROI of 7.28%, translating into $51,314 in total cumulative return on $704,700 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1910
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19806, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,288 (100%) |
| Owner Occupied HU | 2,978 (47.4%) |
| Renter Occupied HU | 2,769 (44.0%) |
| Vacant Housing Units | 541 ( 8.6%) |
| Median Home Value | $472,552 |
| Average Home Value | $509,621 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
2,875
Multi-Family
3,147
Businesses
440
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Listed by: Buzz Moran • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DENC2089830