1803 Woodlawn Ave, Wilmington, DE, 19806 | 6.2% Rental Yield

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

Total monthly income runs $3,230/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 6.2% with $3,230/mo rent. Return on cash invested shows 17.81% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 90.99% and total cumulative return in cash records $187,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,230/mo property income covering a $3,059/mo payment rather than investor’s personal income.

Single Family

Built in 1914

2,178 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19806, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,288 (100%)
Owner Occupied HU	2,978 (47.4%)
Renter Occupied HU	2,769 (44.0%)
Vacant Housing Units	541 ( 8.6%)
Median Home Value	$472,552
Average Home Value	$509,621