2702 Marklyn DrWilmingtonDE19810
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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 2702 Marklyn Dr, Wilmington, DE, 19810 earns $266/mo cash flow from $3,706/mo rent with a $2,910/mo payment. Total monthly income totals $3,706/mo, and annual cash flow totals $3,191/yr on $195,591 capital. ROI tracks 21.69% on current figures, and rental yield reads 7.48% at a $594,500 purchase. Equity gained on principal adds $3,836/yr, and 5% annual appreciation supports $164,249 over five years. Five-year ROI reaches 111.83% and total cumulative return in cash sums $218,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,706/mo property income instead of your personal income.
Single Family
Built in 1963
0.39 Acres 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: Michele Colavecchi Lawless • RE/MAX Associates-Wilmington
Mls Name: Bright MLS
Mls ID: #DENC2088792