2A Courtney RdWilmingtonDE19807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2A Courtney Rd, Wilmington, DE, 19807 offers a 4.01% rental yield on a $1,950,000 purchase with $6,512/mo rent. 31% in year one. Equity gained on principal adds $12,583/yr while 5% annual appreciation supports $538,749 over five years. Portfolio math shows five-year ROI at 56.09% and total cumulative return in cash at $354,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,512/mo property income against a $9,544/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19807, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,864 (100%) |
| Owner Occupied HU | 2,560 (66.3%) |
| Renter Occupied HU | 1,030 (26.7%) |
| Vacant Housing Units | 274 ( 7.1%) |
| Median Home Value | $851,320 |
| Average Home Value | $1,014,121 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
2,790
Multi-Family
1,026
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerry Wendel • Monument Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DENC2082944