261 W Chestnut Hill Rd, Newark, DE, 19713 | 6.83% Rental Yield

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261 W Chestnut Hill Rd, Newark, DE, 19713 | 6.83% Rental Yield | Ziffy

For Sale

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 Newark at 261 W Chestnut Hill Rd, Newark, DE, 19713 at $484,900 posts ROI 19.57% with from $2,760/mo rent. Total monthly income equals $2,760/mo. Return on cash invested measures 19.57% and rental yield reads 6.83% at the current $484,900. Equity gained on principal adds $3,129/yr, and 5% annual appreciation supports $133,969 by year five. Five-year ROI prints 100.5% and total cumulative return in cash totals $161,551. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1954

0.58 Acres lot

$N/A/sqft

No HOA

More details about the property

Newly renovated 4 Bedrooms with 3 Full Baths and 2 car garage sitting on Half Acre Lot in Newark. This home is located within the desirable Newark Charter School radius, making it an ideal choice for those seeking top-rated education options. And within minutes to U. of Delaware , Rittenhouse Park and the Newark Amtrak/SEPTA Station. With its modern updates, open layout, and prime location, this property is truly a gem. New Kitchen with New Gray Cabinets, New Stainless Steel Appliances, All 3 Bathrooms updated. Dont miss the opportunity to make this extraordinary house your new home!