2301 Rockwell RdWilmingtonDE19810
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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
Investment property for sale in Wilmington at 2301 Rockwell Rd, Wilmington, DE, 19810 offers a 9.23% rental yield on a $515,000 purchase with $3,960/mo rent. Total monthly income registers $3,960/mo, and a $2,521/mo payment leaves $980/mo available for distribution. Annual cash flow reaches $11,758/yr on $169,435 to close, and return on cash invested stands at 27% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 140.3% and total cumulative return in cash at $237,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,960/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
8,712 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,755
Single Family
9,629
Multi-Family
1,126
Businesses
524
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Listed by: Rachel DiEmedio • Patterson-Schwartz-Hockessin
Mls Name: Bright MLS
Mls ID: #DENC2095296