1502 Upper Greenbriar RdWilmingtonDE19810
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1502 Upper Greenbriar Rd, Wilmington, DE, 19810 in Wilmington at $435,000 earns $2,708/mo in rent and nets $191/mo after the $1,956/mo payment, a 7.47% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $120,182 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $4,006/yr in principal paydown, total projected return reaches $176,515.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.5% |
| Monthly Cash Flow | $191 | $1,250 |
City averages based on Wilmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,708 |
| Total Monthly Debt Service | $2,344 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19810, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,908 (100%) |
| Owner Occupied HU | 8,486 (77.8%) |
| Renter Occupied HU | 1,968 (18.0%) |
| Vacant Housing Units | 454 ( 4.2%) |
| Median Home Value | $439,315 |
| Average Home Value | $459,347 |
Housing Distribution
Address Breakdown
Residential
10,755
Single Family
9,629
Multi-Family
1,126
Businesses
524
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1962
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19810, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,908 (100%) |
| Owner Occupied HU | 8,486 (77.8%) |
| Renter Occupied HU | 1,968 (18.0%) |
| Vacant Housing Units | 454 ( 4.2%) |
| Median Home Value | $439,315 |
| Average Home Value | $459,347 |
Housing Distribution
Address Breakdown
Residential
10,755
Single Family
9,629
Multi-Family
1,126
Businesses
524
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Barisa • Concord Realty Group
Mls Name: Bright MLS
Mls ID: #DENC2089374