1676 Old Baltimore Pike, Newark, DE, 19702 | $640/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1676 Old Baltimore Pike, Newark, DE, 19702 | $640/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
4 Bath
2430 sft

913 Woodhaven Ct, Havre De Grace, MD, 21078

4 Bed
4 Bath
3270 sft

742 Concord Point Dr, Perryville, MD, 21903

4 Bed
3 Bath
3843 sft

146 Patton Way, Elkton, MD, 21921

4 Bed
4 Bath
3386 sft

212 War Admiral Way, Havre De Grace, MD, 21078

Nearby investment properties with comparable prices

3 Bed
3 Bath
2071 sft

Jordan Ii Justify Cir, Havre De Grace, MD, 21078

4 Bed
3 Bath
2293 sft

Raleigh Plan, Stoney Creek, North East, MD, 21901

4 Bed
3 Bath
2114 sft

Ballenger Plan, Scenic Vista, Havre De Grace, MD, 21078

3 Bed
3 Bath
2047 sft

Jordan II Plan, Bulle Rock Villas, Havre De Grace, MD, 21078

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Newark at 1676 Old Baltimore Pike, Newark, DE, 19702 generates $3,562/mo in rent and, after a $2,472/mo payment, leaves $640/mo in cash flow. Total monthly income is $3,562/mo, and annual cash flow is $7,677/yr on $166,145 invested. Return on cash invested sits at 24.68% in year one, and rental yield is 8.46% on a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 127.87% and total cumulative return in cash sums $212,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,562/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home! This beautiful 4-bedroom, 2.5-bath colonial offers nearly 2,000 sq. ft. of comfortable living space thoughtfully designed for both relaxation and entertaining. The spacious primary suite features a walk-in closet, double vanity, and a luxurious soaking tub the perfect retreat at the end of the day. Upstairs, youll find three additional spacious bedrooms that provide plenty of room for family, guests, or a home office. On the main level, youll love the inviting kitchen complete with stainless steel appliances, ample cabinetry, and a functional layout that flows seamlessly into the living and dining areas. A dedicated laundry area and an attached two-car garage add everyday convenience and comfort. The full, unfinished basement offers endless potential featuring walkout stairs and plenty of space to create a future recreation room, home gym, or additional living area to suit your needs! Step outside to your private backyard oasis a half-acre lot thats newly fenced and ready for pets, play, or gardening. The property includes two storage sheds and an inviting outdoor space complete with low maintenance trex decking and a hot tub in the enclosed portion of the deck. Situated right on the Maryland-Delaware line, this home offers an excellent commuting position and easy access to major routes. Are you ready to be home for the holidays? Make your appointment today before it's gone!

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