15 Pinedale Rd, Newark, DE, 19711 | $917/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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15 Pinedale Rd, Newark, DE, 19711 | $917/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Newark at 15 Pinedale Rd, Newark, DE, 19711 offers $3,000/mo rent that, after a $1,762/mo payment, leaves $917/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $11,004/yr on $119,340 cash. Return on cash invested measures 29.13% in year one, and rental yield stands at 10% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 151.75% and total cumulative return in cash reaches $181,101. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this very well maintained 3-bedroom, 1.1-bath single-family home located in a convenient Newark, DE location close to shopping, restaurants, and major routes. The entry level offers a spacious family room, laundry area, and a half-bathroom. The main level features a large living room, an eat-in kitchen, a formal dining room, and a bright sun room overlooking the fenced rear yard. Upstairs, youll find three comfortably sized bedrooms and a full bathroom. Additional highlights include an attached one-car garage, a storage shed, and a fenced backyardperfect for outdoor enjoyment.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,208 (100%)
Owner Occupied HU	13,334 (60.0%)
Renter Occupied HU	6,641 (29.9%)
Vacant Housing Units	2,233 (10.1%)
Median Home Value	$405,647
Average Home Value	$449,152