2002 Cunningham Rd, Wilmington, DE, 19808 | $227/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2002 Cunningham Rd, Wilmington, DE, 19808 | $227/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 Wilmington at 2002 Cunningham Rd, Wilmington, DE, 19808 offers a 7.49% rental yield on a $499,900 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $2,447/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,727/yr on $165,717 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 111.15% and total cumulative return in cash at $184,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1974

0.71 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious two story colonial in a convenient location close to major roads, shopping, business and transportation. The home features a large eat in kitchen with stainless appliances, a comfortable family room with wood burning fireplace and a separate formal living room. upstairs you'll find 4 spacious bedrooms including the master br with updated master bath. The home offers a two car garage and sits on a .71 acre cul-de-sac lot with space for all of your toys, equipment, cars or whatever hobby you have that requires storage space and off street parking. Other great features include, a full unfinished basement, low maintenance exterior, updated windows and siding, bow window in living room, recessed lighting and fenced rear yard. A lot to offer in great location. Schedule your appointment today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19808, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,494 (100%)
Owner Occupied HU	13,153 (79.7%)
Renter Occupied HU	2,708 (16.4%)
Vacant Housing Units	633 ( 3.8%)
Median Home Value	$373,988
Average Home Value	$392,522