22 Mount Airy DrWilmingtonDE19807
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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 22 Mount Airy Dr, Wilmington, DE, 19807 offers $2,952/mo rent that, after a $2,589/mo payment. Total monthly income is $2,952/mo. Return on cash invested measures 19.31% in year one, and rental yield stands at 6.7% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 99.08% and total cumulative return in cash reaches $172,433. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,952/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19807, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,864 (100%) |
| Owner Occupied HU | 2,560 (66.3%) |
| Renter Occupied HU | 1,030 (26.7%) |
| Vacant Housing Units | 274 ( 7.1%) |
| Median Home Value | $851,320 |
| Average Home Value | $1,014,121 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
2,790
Multi-Family
1,026
Businesses
513
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Listed by: Mr. Salvatore S Cimorelli • Cimorelli Real Estate Office
Mls Name: Bright MLS
Mls ID: #DENC2083208