








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Newark at 233 W Main St, Newark, DE, 19711 priced at $599,900 converts $3,713/mo rent into $242/mo cash flow after a $2,936/mo obligation. Total monthly income equals $3,713/mo, and annual cash flow totals $2,905/yr on $197,367 invested. Return on cash invested prints 21.53% in year one, and rental yield reads 7.43% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 111% and total cumulative return in cash sums $219,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,713/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19711, Newark, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,208 (100%) |
| Owner Occupied HU | 13,334 (60.0%) |
| Renter Occupied HU | 6,641 (29.9%) |
| Vacant Housing Units | 2,233 (10.1%) |
| Median Home Value | $405,647 |
| Average Home Value | $449,152 |
Residential
21,228
Single Family
18,177
Multi-Family
3,051
Businesses
1,045
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Maria Ruckle • Empower Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #DENC2087364