3 Julie Ln, Newark, DE, 19711 | $917/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3 Julie Ln, Newark, DE, 19711 | $917/mo Cash Flow | 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 3 Julie Ln, Newark, DE, 19711 earns $917/mo cash flow from $3,000/mo rent with a $1,762/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $11,004/yr on $119,340 capital. ROI tracks 29.13% on current figures, and rental yield reads 10% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 151.75% and total cumulative return in cash sums $181,101. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.

Single Family

Built in 1986

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

NEW ROOF, NEW WINDOWS AND NEW HVAC! Super home in Christina School District on a spacious, private lot. 5 min to U of D and downtown Newark. 3 beds and 2 baths, recently refinished hardwood floors and paint. All windows have been replaced, roof approx 7 yrs old. This home is well maintained and move in ready . Homes in this price range go quickly so schedule an appointment today before it's GONE!

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