256 S Dillwyn Rd, Newark, DE, 19711 | $1,041/mo Cash Flow

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256 S Dillwyn Rd, Newark, DE, 19711 | $1,041/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 Newark at 256 S Dillwyn Rd, Newark, DE, 19711 listed at $400,000 pairs $3,356/mo rent with a $1,958/mo payment to leave $1,041/mo cash flow. Total monthly income runs $3,356/mo, and annual cash flow reaches $12,496/yr on $132,600 cash to close. Return on cash invested measures 29.33% in year one, and rental yield registers 10.07% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 152.86% and total cumulative return in cash totals $202,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,356/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1964

6,970 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 256 S Dillwyn, nestled in quiet but convenient neighborhood Windy Hills! This four bedroom one and a half bath home is turn key and ready for its new owners. Step inside to be greeted by a landing with gleaming hardwood floors, leading you to the open living room which offers plenty of natural light and easy access to the kitchen in dining room. The kitchen has been outfitted with stone countertops, modern cabinets, newer appliances and stylish backsplash. There are sliding glass doors to the rear deck which offers a perched view of the neighborhood. On the main level there are also 3 bedrooms and a hall bath, offering new tile and vanity. On the lower level of the home there is a large family room/den, an additional bedroom, and a half bath. Don't forget to see the massive two car garage! The home is located a short walk from the University of Delaware, tons of shopping/dining options, and just a few minutes drive to I-95. There are also ample parks nearby and natural scenes. Schedule a tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

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

Housing Distribution

Address Breakdown

Residential

21,228

Single Family

18,177

Multi-Family

3,051

Businesses

1,045

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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3 Bed
4 Bath
2300 sft

134 Torrey Dr, Newark, DE, 19702

4 Bed
3 Bath
2175 sft

432 Douglas D Alley Dr, Newark, DE, 19713

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3 Bed
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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1964
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Storage, Garage Faces Front, Inside Entrance, Oversized, Attached, Driveway, On Street

Location

City: Newark
State: DE
Subdivision: N/A
Lot Size: 6,970 sqft
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Bob Blackhurst • Compass

Mls Name: Bright MLS

Mls ID: #DENC2086120

256 S Dillwyn Rd,Newark,DE,19711

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

256 S Dillwyn RdNewarkDE19711