2124 Wrexham Rd, Wilmington, DE, 19810 | $371/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2124 Wrexham Rd, Wilmington, DE, 19810 | $371/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 2124 Wrexham Rd, Wilmington, DE, 19810 offers a 7.98% rental yield on a $429,900 purchase with $2,858/mo rent. Total monthly income registers $2,858/mo, and a $2,104/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,448/yr on $142,512 to close, and return on cash invested stands at 23.03% in year one. Equity gained on principal adds $2,774/yr while 5% annual appreciation supports $118,773 over five years. Portfolio math shows five-year ROI at 119.06% and total cumulative return in cash at $169,675. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,858/mo property income against a $2,104/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1966

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the charm of this solid brick and stone ranch nestled in a desirable North Wilmington neighborhood. As you step inside, you are welcomed by an inviting entryway that opens to a spacious living room, perfect for relaxation and entertaining. The flowing layout leads seamlessly into the dining room and a bright eat-in kitchen, creating an ideal space for gatherings. This ranch boasts three generously sized bedrooms on the main floor, complemented by a full bathroom, providing comfort and convenience for all. Venture down to the lower level, where youll find a large family roomperfect for movie nightsalong with an additional full bathroom, a laundry room, and an unfinished storage area to keep your belongings organized. Enjoy outdoor living from the composite deck off the kitchen, which overlooks a beautifully manicured lawn, the perfect spot for summer barbecues and relaxation. Additional features of this lovely home include a one-car garage, a shed for extra storage, and an updated HVAC system to ensure year-round comfort. This low-maintenance ranch in a fantastic location is ready for its next lucky owner. Welcome home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19810, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,908 (100%)
Owner Occupied HU	8,486 (77.8%)
Renter Occupied HU	1,968 (18.0%)
Vacant Housing Units	454 ( 4.2%)
Median Home Value	$439,315
Average Home Value	$459,347