20 Patrick Henry CtNewarkDE19711
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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 Newark at 20 Patrick Henry Ct, Newark, DE, 19711 earns $967/mo cash flow from $2,472/mo rent with a $1,273/mo payment. Total monthly income totals $2,472/mo, and annual cash flow totals $11,606/yr on $86,190 capital. ROI tracks 33.37% on current figures, and rental yield reads 11.41% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 174.58% and total cumulative return in cash sums $150,473. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,472/mo property income instead of your personal income.
Townhouse
Built in 1971
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19711, Newark, DE area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,228
Single Family
18,177
Multi-Family
3,051
Businesses
1,045
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