21 Gurnsey Dr, Newark, DE, 19713 | $641/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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21 Gurnsey Dr, Newark, DE, 19713 | $641/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Newark at 21 Gurnsey Dr, Newark, DE, 19713 listed at $335,000 pairs $2,580/mo rent with a $1,640/mo payment to leave $641/mo cash flow. Total monthly income runs $2,580/mo, and annual cash flow reaches $7,696/yr on $111,053 cash to close. Return on cash invested measures 26.84% in year one, and rental yield registers 9.24% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 139.5% and total cumulative return in cash totals $154,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1969

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Big price improvement for a quick sell! 3-bedroom, 1-bathroom home in desirable Brookbend! This property boasts fantastic curb appeal with maintenance-free vinyl siding and brick accents, plus a convenient double driveway offering off-street parking for at least four cars. A thoughtful concrete safety ramp leads from the driveway to the front door. Step inside to the main entry, which opens into a bright living room featuring a cathedral ceiling, coat closet, and an open staircase. Natural light floods in through a large picture window flanked by two double-hung windows, perfect for fresh air. To the left, the kitchen offers ample light and a side exit to a spacious 28x16 deck, ideal for fall BBQs or simply relaxing while overlooking the backyard. Downstairs, discover a versatile space currently configured as two additional bedrooms, though it can easily be converted back into a family room. This level also features a cozy gas fireplace with a brick accent wall, a half-wall perfect for decor, and convenient access to storage and the utility/laundry room. Upstairs, you'll find three generously sized bedrooms, each with ample closet space and abundant natural light. A linen closet in the hallway completes the second floor. The backyard is a true highlight, offering plenty of room to spread out and relax. It includes a large shed for extra storage and mature trees and bushes for privacy. While this home is sold as-is and needs a touch of TLC to truly shine, its potential is undeniable.