208 Harding AveWilmingtonDE19804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wilmington at 208 Harding Ave, Wilmington, DE, 19804 at $325,000 posts ROI 22.91% with $269/mo cash flow from $2,150/mo rent. Total monthly income equals $2,150/mo, and annual cash flow records $3,231/yr on $107,738 to close. Return on cash invested measures 22.91% and rental yield reads 7.94% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 118.42% and total cumulative return in cash totals $127,585.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,150/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1943
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19804, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,826 (100%) |
| Owner Occupied HU | 5,844 (74.7%) |
| Renter Occupied HU | 1,627 (20.8%) |
| Vacant Housing Units | 355 ( 4.5%) |
| Median Home Value | $281,986 |
| Average Home Value | $345,482 |
Housing Distribution
Address Breakdown
Residential
7,601
Single Family
6,871
Multi-Family
730
Businesses
985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Pezick • RE/MAX Associates-Wilmington
Mls Name: Bright MLS
Mls ID: #DENC2092966