2413 N West St, Wilmington, DE, 19802 | $470/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2413 N West St, Wilmington, DE, 19802 | $470/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 2413 N West St, Wilmington, DE, 19802 offers a 12.42% rental yield on a $103,000 purchase with $1,066/mo rent. Total monthly income registers $1,066/mo, and a $504/mo payment leaves $470/mo available for distribution. Annual cash flow reaches $5,642/yr on $34,145 to close, and return on cash invested stands at 36.43% in year one. Equity gained on principal adds $665/yr while 5% annual appreciation supports $28,457 over five years. Portfolio math shows five-year ROI at 191.04% and total cumulative return in cash at $65,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,066/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1910

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Multiple offers received: Seller has requested all interest parties submit their highest and best offer no later than 9/23/2025 at 3pm. Investment Opportunity in Wilmington Duplex! Unlock the potential in this spacious duplex located in the heart of Wilmington,. Offering two units, this property presents a rare chance for investors or savvy buyers looking to bring their vision to life. With solid bones and classic architectural details, this duplex is ready for a fresh perspective. Each unit features a traditional layout, generous room sizes, and plenty of natural light. The property sits on a quiet block with easy access to major highways, public transportation, and local amenities. This is a strictly as-is sale ideal for those looking to customize or add value through improvements. Whether you're considering a long-term rental, flip, or multi-generational living, this property has the framework to support your goals. This is priced to sell! Seller will not look at offers until property has been listed for 3 days. Bring your highest and best offer! Property is set up as 2 units - buyer is responsible for verifying legal use as such. Seller does not make any representation regarding legal use/zoning.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19802, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,669 (100%)
Owner Occupied HU	6,054 (51.9%)
Renter Occupied HU	4,500 (38.6%)
Vacant Housing Units	1,115 ( 9.6%)
Median Home Value	$215,287
Average Home Value	$307,286