304 S Claymont StWilmingtonDE19801
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
Rental property for sale in Wilmington at 304 S Claymont St, Wilmington, DE, 19801 priced at $119,875 pairs $921/mo rent with $227/mo cash flow after a $587/mo payment. Total monthly income equals $921/mo, and annual cash flow comes to $2,725/yr on $39,739 invested. Return on cash invested is 26.77% in year one, and rental yield stands at 9.22% on a $119,875 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,119 by year five. Five-year ROI measures 139.22% and total cumulative return in cash reaches $55,324. For financing, Ziffy Mortgage’s DSCR program evaluates $921/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1890
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19801, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,137 (21.8%) |
| Renter Occupied HU | 6,162 (62.8%) |
| Vacant Housing Units | 1,517 (15.5%) |
| Median Home Value | $203,736 |
| Average Home Value | $246,222 |
Housing Distribution
Address Breakdown
Residential
8,168
Single Family
4,760
Multi-Family
3,408
Businesses
1,281
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Listed by: Gerard Mahotiere • Patterson-Schwartz-Middletown
Mls Name: Bright MLS
Mls ID: #DENC2090312