190 Brecks 1/2 LnWilmingtonDE19807
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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
Investment Highlights
Investment property for sale in Wilmington at 190 Brecks 1/2 Ln, Wilmington, DE, 19807 listed at $1,575,000 pairs $3,289/mo rent with a $7,709/mo payment. Total monthly income runs $3,289/mo. Return on cash invested measures 6.64% in year one, and rental yield registers 2.51% at a $1,575,000 basis. Equity gained on principal adds $10,163/yr, and annual property appreciation at 5% supports $435,143 by year five. Five-year ROI tracks 31.06% and total cumulative return in cash totals $158,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,289/mo property income relative to a $7,709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1931
0.37 Acres lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19807, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,864 (100%) |
| Owner Occupied HU | 2,560 (66.3%) |
| Renter Occupied HU | 1,030 (26.7%) |
| Vacant Housing Units | 274 ( 7.1%) |
| Median Home Value | $851,320 |
| Average Home Value | $1,014,121 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
2,790
Multi-Family
1,026
Businesses
513
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Listed by: Stephen Mottola • Compass
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2078062
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