1507 Libourne Ct, Newark, DE, 19702 | $58/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1507 Libourne Ct, Newark, DE, 19702 | $58/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

Investment property for sale in Newark at 1507 Libourne Ct, Newark, DE, 19702 earns $58/mo cash flow from $2,633/mo rent with a $2,178/mo payment. Total monthly income totals $2,633/mo, and annual cash flow totals $699/yr on $147,514 capital. ROI tracks 20.38% on current figures, and rental yield reads 7.1% at a $444,990 purchase. Equity gained on principal adds $2,871/yr, and 5% annual appreciation supports $122,943 over five years. Five-year ROI reaches 104.87% and total cumulative return in cash sums $154,697. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,633/mo property income instead of your personal income.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Move into a brand-new Ballad townhome this November 2025 at French Park Townhomes - the lowest-priced new townhomes in Newark, Delaware. This 3-bedroom, 2 full bath, 2 half bath home offers 1,951 square feet of stylish living space and a 1-car garage. The Ballad floorplan blends comfort and convenience with a finished rec room, hard surface flooring throughout the main level, and a kitchen upgraded with white linen cabinetry, granite countertops, a hutch feature, included appliances (with refrigerator), and a large island - perfect for entertaining. Enjoy peaceful views from your home, which backs to a wooded area and features a partial stone faade. Upstairs, the owner's suite includes a tray ceiling, dual vanities, quartz counters, and a tile surround in the bath. Additional highlights include an included washer and dryer and spacious secondary bedrooms. This home offers unbeatable value in a prime Newark location. Schedule your appointment today to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19702, Newark, DE area.

Housing Distribution

Housing Statistics

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