200 N Mechanic St, Camden Wyoming, DE, 19934 | $207/mo Cash Flow

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200 N Mechanic St, Camden Wyoming, DE, 19934 | $207/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

Investment property for sale in Camden Wyoming at 200 N Mechanic St, Camden Wyoming, DE, 19934 earns $207/mo cash flow from $2,168/mo rent with a $1,659/mo payment. Total monthly income totals $2,168/mo, and annual cash flow totals $2,481/yr on $112,379 capital. ROI tracks 22.12% on current figures, and rental yield reads 7.67% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 114.15% and total cumulative return in cash sums $128,284. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,168/mo property income instead of your personal income.

Single Family

Built in 1815

5,532 sqft lot

$N/A/sqft

No HOA

More details about the property

Quality describes this beautifully remodeled 3 bedroom, 3 full bathroom home located in the pleasant town of Wyoming. Location is everything, and this home is within walking distance to the always popular, yet secluded Wyoming Lake and park amenities. You will immediately be greeted by the charming covered front porch and well manicured landscaping. Start your tour inside, where you will find the main living area featuring a wide open living room with luxury plank flooring, recessed lighting and fresh paint, trim, crown molding and plenty of natural light. This space opens up into the open concept dining/kitchen area with plenty of room to dine and entertain. The gorgeous brand new kitchen boasts stunning quartz countertops, expanded eat-in island, modern white shaker cabinets, custom tile backsplash, and brand new stainless steel appliances. This level also has laundry, a full bathroom and additional room, which could be for an office or playroom. The second floor offers three generously sized bedrooms all with sizable closet space and new carpet. The two full bathrooms feature modern tile flooring, contemporary vanity, high-end fixtures, and custom tile shower surrounds. The second bathroom has a tub, while the third has a standup shower. Outside is your sizable backyard, perfect for pets and entertaining, and expanded brand new extra wide driveway. Conveniently located close to Rt. 13, Route 1, state parks, famous restaurants, popular shopping, and easy access to Delaware Beached and other major airports and highways! Move right in feeling at ease with all of the major components of the home being updated!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19934, Camden Wyoming, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,161 (100%)
Owner Occupied HU	4,786 (77.7%)
Renter Occupied HU	1,100 (17.9%)
Vacant Housing Units	275 ( 4.5%)
Median Home Value	$376,125
Average Home Value	$407,896