1703 De Gaulle Ct, Newark, DE, 19702 | $562/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1703 De Gaulle Ct, Newark, DE, 19702 | $562/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 1703 De Gaulle Ct, Newark, DE, 19702 offers a 8.44% rental yield on a $452,060 purchase with $3,178/mo rent. Total monthly income registers $3,178/mo, and a $2,213/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,743/yr on $149,858 to close, and return on cash invested stands at 24.41% in year one. Equity gained on principal adds $2,917/yr while 5% annual appreciation supports $124,896 over five years. Portfolio math shows five-year ROI at 126.43% and total cumulative return in cash at $189,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,178/mo property income against a $2,213/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to French Park, the only new townhomes in Newark. This community is tucked away in a wooded setting, but still convenient to your everyday needs. This Ballad quick move-in home is your perfect opportunity to own a brand-new home without the wait. This beautiful home features 3 bedrooms, 2 full bathrooms, 2 half bathrooms and a finished lower level recreation room. Other features include a 1-car garage, luxury kitchen with upgraded 42'' white cabinetry, granite countertops, and stainless steel appliances. Extend your living space outdoors on the 10x18 Trex deck, with a tree lined backdrop. Schedule your visit today to take advantage of this quick move in opportunity!

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