214 Plymouth RdWilmingtonDE19803
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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
Investment Highlights
Rental property for sale in Wilmington at 214 Plymouth Rd, Wilmington, DE, 19803 offers $2,898/mo rent that, after a $2,251/mo payment, leaves $237/mo cash flow. Total monthly income is $2,898/mo, and annual cash flow is $2,843/yr on $152,457 cash. Return on cash invested measures 21.77% in year one, and rental yield stands at 7.56% at a $459,900 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,062 by year five. Five-year ROI records 112.3% and total cumulative return in cash reaches $171,210. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,898/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19803, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,191 (100%) |
| Owner Occupied HU | 8,044 (87.5%) |
| Renter Occupied HU | 906 ( 9.9%) |
| Vacant Housing Units | 241 ( 2.6%) |
| Median Home Value | $469,463 |
| Average Home Value | $506,244 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,244
Multi-Family
644
Businesses
985
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Listed by: Kate Bianchino • Patterson-Schwartz - Greenville
Mls Name: Bright MLS
Mls ID: #DENC2088794