184 Darling St, Newark, DE, 19702 | $679/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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184 Darling St, Newark, DE, 19702 | $679/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

Rental property for sale in Newark at 184 Darling St, Newark, DE, 19702 priced at $339,000 pairs $2,640/mo rent with $679/mo cash flow after a $1,659/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $8,145/yr on $112,379 invested. Return on cash invested is 27.16% in year one, and rental yield stands at 9.35% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 141.17% and total cumulative return in cash reaches $158,644. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1999

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the charm and ease of living at 184 Darling Street! This recently updated 3-bedroom, 2.5-bath home welcomes you with new luxury vinyl plank flooring, a fresh neutral color palette, and an updated lighting package that sets the tone for the main level. The spacious, sunlit living room flows effortlessly into the eat-in kitchen, featuring a center island, granite countertops, stainless steel appliances, and a decorative ceramic tile backsplash. The dining area is perfectly positioned for casual meals or festive gatherings. Step through the sliding door to the rear lawn, surrounded by a vinyl privacy fence, ideal for pets, al fresco dining, or simply enjoying your outdoor space. Back inside, a powder room completes the main level before you head upstairs to the tranquil sleeping quarters. The primary bedroom suite offers soft new plush carpet, a walk-in closet, and an en suite bath with a double sink vanity, tub/shower, and separate water closet for added privacy. Two additional bedrooms and a full bath complete the upper level. The finished lower-level recreation room provides ample space for gatherings and cheering on your favorite team. The utility room houses the laundry facilities and a new AC system installed in 2022, while the new roof (2022) adds peace of mind. With its proximity to I-95, Rt. 72, and Rt. 40, shopping, dining, and recreational activities in Delaware, Maryland, and Pennyslvania are just minutes away.

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