3 Matthews Rd, Newark, DE, 19713 | $858/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3 Matthews Rd, Newark, DE, 19713 | $858/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 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

Rental property for sale in Newark at 3 Matthews Rd, Newark, DE, 19713 offers $2,767/mo rent that, after a $1,615/mo payment, leaves $858/mo cash flow. Total monthly income is $2,767/mo, and annual cash flow is $10,293/yr on $109,395 cash. Return on cash invested measures 29.32% in year one, and rental yield stands at 10.06% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 152.77% and total cumulative return in cash reaches $167,123. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,767/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover this clean, move-in ready 4-bedroom home in the popular Newark area, offering comfort, convenience, and a backyard ready to be transformed for enjoyment. The main level features a bright living space, a nice kitchen area, and four bedrooms or office spaces with one full bathroom. Step outside to your private backyard, complete with an in-ground pool, ready to become your personal oasisideal for relaxing, entertaining, or creating the ultimate summer retreat. Located in an established neighborhood just minutes from Christiana Mall, Christiana Hospital, major employment centers, Route 1, and I-95, this home offers easy access to shopping, dining, schools, parks, and commuter routes. Newarks vibrant Main Street and University District are only a short drive away, providing additional restaurants, cafs, and community events. With its central location, move-in readiness, and outdoor amenities, this home is an excellent opportunity for anyone seeking both convenience and lifestyle in one place. Schedule your tour today! Photos coming later today. Open house Saturday 12 pm to 2 pm