289 W Chestnut Hill Rd, Newark, DE, 19713 | $462/mo Cash Flow

For Sale

Listed for sale 2 days ago

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 289 W Chestnut Hill Rd, Newark, DE, 19713 uses $157,463 cash to close to unlock $5,550/yr annual cash flow and $462/mo monthly cash flow. Total monthly income runs $3,211/mo, and a $2,325/mo payment keeps the spread at $462/mo. Purchase price stands at $475,000, and rental yield measures 8.11% with $3,211/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 121.22% and total cumulative return in cash records $190,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,211/mo property income covering a $2,325/mo payment rather than investor’s personal income.

Single Family

Built in 1964

0.49 Acres lot

$N/A/sqft

No HOA