206 Werden Dr, New Castle, DE, 19720 | $101/mo Cash Flow

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

Rental property for sale in New Castle at 206 Werden Dr, New Castle, DE, 19720 priced at $409,000 converts $2,468/mo rent into $101/mo cash flow after a $2,002/mo obligation. Total monthly income equals $2,468/mo, and annual cash flow totals $1,216/yr on $135,584 invested. Return on cash invested prints 20.81% in year one, and rental yield reads 7.24% against a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation compiles into $112,999 by year five. Five-year ROI reaches 107.14% and total cumulative return in cash sums $145,257. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,468/mo property income covering a $2,002/mo payment, not borrower’s personal income.

Single Family

Built in 1963

10,019 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19720, New Castle, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,484 (100%)
Owner Occupied HU	16,788 (68.6%)
Renter Occupied HU	6,754 (27.6%)
Vacant Housing Units	942 ( 3.8%)
Median Home Value	$299,178
Average Home Value	$336,568