156 Christina Landing DrWilmingtonDE19801
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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 156 Christina Landing Dr, Wilmington, DE, 19801 with 5% annual appreciation on a $510,000 basis while $3,215/mo rent supports operations. Total monthly income totals $3,215/mo and a $2,496/mo payment preserves $264/mo for cash returns. Annual cash flow comes to $3,171/yr on $167,790 deployed, and return on cash invested reaches 21.95% in year one. Equity gained on principal adds $3,291/yr, and five-year appreciation sums $140,904 alongside rental yield of 7.56%. Five-year ROI measures 113.24% and total cumulative return in cash totals $190,011.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,215/mo property income versus a $2,496/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2005
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19801, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,137 (21.8%) |
| Renter Occupied HU | 6,162 (62.8%) |
| Vacant Housing Units | 1,517 (15.5%) |
| Median Home Value | $203,736 |
| Average Home Value | $246,222 |
Housing Distribution
Address Breakdown
Residential
8,168
Single Family
4,760
Multi-Family
3,408
Businesses
1,281
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Listed by: Jack Keating • RE/MAX Elite
Mls Name: Bright MLS
Mls ID: #DENC2093670