17 Versailles Ct, Newark, DE, 19702 | $704/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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17 Versailles Ct, Newark, DE, 19702 | $704/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 17 Versailles Ct, Newark, DE, 19702 earns $704/mo cash flow from $2,701/mo rent with a $1,689/mo payment. Total monthly income totals $2,701/mo, and annual cash flow totals $8,453/yr on $114,368 capital. ROI tracks 27.3% on current figures, and rental yield reads 9.39% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash sums $162,364. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,701/mo property income instead of your personal income.

Townhouse

Built in 1996

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Modern Makeover in Frenchtown Woods Finished Basement, Designer Kitchen & Minutes to I-95 Step into a home that feels like a fresh startwhere every detail has been thoughtfully curated for comfort, style, and functionality. This beautifully renovated 3-bedroom, 2.5-bath gem in the sought-after Frenchtown Woods community offers the perfect blend of HGTV-inspired upgrades and everyday convenience. Recent renovations include fresh designer paint throughout, brand-new luxury vinyl plank flooring, a stylish kitchen with updated cabinetry, countertops, and fixtures, modern lighting and hardware accents, and revamped bathrooms with contemporary finishes. The spacious finished basement provides flexible space for a home office, gym, or media room. Enjoy a private backyard with a deckideal for entertaining or relaxing. The home also features a dedicated laundry area and ample storage. Located just minutes from I-95, Glasgow Park, Christiana Mall, and major shopping centers, this home offers easy access to the University of Delaware and local employers. The neighborhood is quiet, family-friendly, and close to parks and trails. Photos dont do it justiceschedule your private tour today and experience the transformation firsthand. Whether youre a first-time buyer, downsizing, or investing, 17 Versailles Ct delivers value, style, and location in one compelling package.

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