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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newark at 20 Longview Dr, Newark, DE, 19711 offers a 10.31% rental yield on a $379,900 purchase with $3,264/mo rent. Total monthly income registers $3,264/mo, and a $1,859/mo payment leaves $1,066/mo available for distribution. Annual cash flow reaches $12,795/yr on $125,937 to close, and return on cash invested stands at 30.07% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 156.82% and total cumulative return in cash at $197,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,264/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19711, Newark, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,208 (100%) |
| Owner Occupied HU | 13,334 (60.0%) |
| Renter Occupied HU | 6,641 (29.9%) |
| Vacant Housing Units | 2,233 (10.1%) |
| Median Home Value | $405,647 |
| Average Home Value | $449,152 |
Residential
21,228
Single Family
18,177
Multi-Family
3,051
Businesses
1,045
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patricia Wolf • Tesla Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #DENC2089352
