18 Savoy Rd, Newark, DE, 19702 | $386/mo Cash Flow

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 18 Savoy Rd, Newark, DE, 19702 at $599,999 posts ROI 22.41% with $386/mo cash flow from $3,858/mo rent. Total monthly income equals $3,858/mo, and annual cash flow records $4,632/yr on $197,400 to close. Return on cash invested measures 22.41% and rental yield reads 7.72% at the current $599,999. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 115.66% and total cumulative return in cash totals $228,311.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,858/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1998

8,712 sqft lot

$N/A/sqft

No HOA

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